Info Edge Q2: Profit Jumps 3.1X YoY To INR 347.5 Cr

Naukri-parent Info Edge reported a consolidated net profit of INR 347.5 Cr in the September quarter of FY26 (Q2 FY26), up over 3X from INR 84.7 Cr in the year-ago quarter. On a sequential basis, profit rose 1% from INR 342.9 Cr.

It is important to mention that Info Edge’s bottom line was impacted by a deferred tax charge pertaining to unrelated gains on exceptional items of INR 320.6 Cr in the year-ago quarter. Its profit before tax stood at INR 500 Cr in Q2 FY25 as against INR 428.8 Cr in the September quarter of FY25.

Info Edge’s operating revenue grew 15% YoY and 2% QoQ to INR 805.5 Cr during the quarter under review. Including other income of INR 161.8 Cr, its total income for the quarter stood at INR 967.2 Cr.

Meanwhile, expenses zoomed 15% YoY to INR 563.5 Cr. Employee expenses commanded the largest chunk of the company’s spending in the quarter, rising 11% YoY to INR 340.4 Cr

Naukri continued to drive the top line during the quarter under revenue, raking in a revenue of INR 581.6 Cr. While the top line for Naukri improved 13% YoY, its profit improved 9% YoY to INR 314.6 Cr.

While the recruitment business’ overall billings grew 11% YoY, the company noted that iimjobs and Naukri Fast Forward witnessed moderation in billings growth in Q2.

Meanwhile, real estate platform 99acres posted a loss of INR 14 Cr in the quarter, up 64% YoY. The increase in loss came despite a near 13% YoY uptick in its revenue to INR 115.1 Cr. Q2 billings also saw a 14% YoY growth to INR 122 Cr on the back of growth in broker and channel partner billings.

Matchmaking business Jeevansaathi reported a profit of INR 1 Cr as against a loss of INR 1 Cr in the year-ago period. Its revenue zoomed 30% YoY to INR 34 Cr. Edtech business Shiksha also saw an 18% YoY increase in revenue to INR 39 Cr and posted a profit of INR 2 Cr. The vertical had reported a loss of INR 3 Cr in the year-ago period.

Alongside its four-pronged internet business, the Sanjeev Bikhchandani-led company is also a prominent startup investor. At the end of September quarter, Info Edge held investments in 21 unlisted startups with a total portfolio valuation of INR 634 Cr.

On the listed portfolio front, Info Edge holds 12.43% stake in Zomato parent Eternal and 12.52% stake in PB Fintech.

Info Edge’s portfolio startup NoPaperForms (Meritto) also recently filed for its IPO confidentially. Info Edge plans to offload 3.8 Cr shares via the offer-for sale component (OFS) of the edtech SaaS startup’s IPO.

Shares of Info Edge ended today’s trading session up 2.53% at INR 1,375 on the BSE.

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