Info Edge (India)

NP up 51.6% yoy to Rs 479.7 crore in Q2FY2027

On consolidated basis

Quarter ended September 2026 compared with Quarter ended June 2026.

Net sales (including other operating income) of Info Edge (India) has increased 2.63% to Rs 903.88 crore.  

Operating profit margin has jumped from 38.70% to 39.16%, leading to 3.85% rise in operating profit to Rs 354.00 crore.  Employee cost decreased from 38.74% to 38.43%.   Other expenses fell from 22.56% to 22.41%.   Selling and administration expenses fell from 13.50% to 12.76%.   Other direct service cost rose from 2.99% to 3.04%.   

Other income rose 122.84% to Rs 428.44 crore.  PBIDT rose 46.77% to Rs 782.44 crore.  Provision for interest fell 7.19% to Rs 5.81 crore.  Loan funds remained nil.  

PBDT rose 47.41% to Rs 776.63 crore.  Provision for depreciation fell 3.94% to Rs 32.94 crore.  

Profit before tax grew 50.98% to Rs 743.69 crore.  Share of profit/loss was 16.05% higher at Rs 4.05 crore.  Provision for tax was expense of Rs 97.96 crore, compared to Rs 141.65 crore.  Effective tax rate was 13.10% compared to 22.42%.

Minority interest increased 283.71% to Rs 170.06 crore.  Net profit attributable to owners of the company increased 7.63% to Rs 479.72 crore.  

Promoters? stake was 37.19% as of 30 September 2026 ,compared to 37.47% as of 30 June 2026 .  

 

Quarter ended September 2026 compared with Quarter ended September 2025.

Net sales (including other operating income) of Info Edge (India) has increased 12.22% to Rs 903.88 crore.  Sales of Recruitment Solutions segment has gone up 12.29% to Rs 653.09 crore (accounting for 72.25% of total sales).  Sales of 99acres for Real Estate segment has gone up 16.70% to Rs 134.31 crore (accounting for 14.86% of total sales).  Sales of Others segment has gone up 7.11% to Rs 116.48 crore (accounting for 12.89% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 28.57% to Rs 340.89 crore.  PBIT of Recruitment Solutions segment rose 18.51% to Rs 372.87 crore (accounting for 109.38% of total PBIT).  PBIT of 99acres for Real Estate segment rose 92.98% to Rs -1.64 crore (accounting for -0.48% of total PBIT).  PBIT of Others segment fell 16.22% to Rs -30.34 crore (accounting for -8.90% of total PBIT).  

PBIT margin of Recruitment Solutions segment rose from 54.10% to 57.09%.  PBIT margin of 99acres for Real Estate segment rose from negative 20.32% to negative 1.22%.  PBIT margin of Others segment fell from negative 24.01% to negative 26.05%.  Overall PBIT margin rose from 32.92% to 37.71%.  

Operating profit margin has jumped from 34.75% to 39.16%, leading to 26.49% rise in operating profit to Rs 354.00 crore.  Employee cost decreased from 42.26% to 38.43%.   Other expenses fell from 22.99% to 22.41%.   Selling and administration expenses fell from 13.45% to 12.76%.   Other direct service cost rose from 2.75% to 3.04%.   

Other income rose 164.83% to Rs 428.44 crore.  PBIDT rose 77.16% to Rs 782.44 crore.  Provision for interest fell 16.76% to Rs 5.81 crore.  Loan funds declined from Rs 275.63 crore as of 30 September 2025 to Rs 242.02 crore as of 30 September 2026.  Sundry debtors were lower at Rs 12.42 crore as of 30 September 2026 compared to Rs 12.45 crore as of 30 September 2025.  Cash and bank balance declined from Rs 295.37 crore as of 30 September 2025 to Rs 209.61 crore as of 30 September 2026.  Investments declined from Rs 54,423.60 crore as of 30 September 2025 to Rs 52,150.09 crore as of 30 September 2026.  

PBDT rose 78.67% to Rs 776.63 crore.  Provision for depreciation rose 6.33% to Rs 32.94 crore.  Fixed assets increased to Rs 406.03 crore as of 30 September 2026 from Rs 396.83 crore as of 30 September 2025.  Intangible assets declined from Rs 371.08 crore to Rs 228.94 crore.  

Profit before tax grew 84.22% to Rs 743.69 crore.  Provision for tax was expense of Rs 97.96 crore, compared to Rs 81.28 crore.  Effective tax rate was 13.10% compared to 18.96%.

Minority interest increased 446.82% to Rs 170.06 crore.  Net profit attributable to owners of the company increased 51.62% to Rs 479.72 crore.  

Equity capital increased from Rs 129.49 crore as of 30 September 2025 to Rs 129.60 crore as of 30 September 2026.  Per share face Value remained same at Rs 2.00.  

Promoters? stake was 37.19% as of 30 September 2026 ,compared to 37.59% as of 30 September 2025 .  

 

Year-to-date (YTD) results analysis.

Net sales (including other operating income) of Info Edge (India) has increased 11.80% to Rs 1784.62 crore.  Sales of Recruitment Solutions segment has gone up 12.11% to Rs 1,282.32 crore (accounting for 71.85% of total sales).  Sales of 99acres for Real Estate segment has gone up 16.97% to Rs 264.10 crore (accounting for 14.80% of total sales).  Sales of Others segment has gone up 5.05% to Rs 238.20 crore (accounting for 13.35% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 29.57% to Rs 665.83 crore.  PBIT of Recruitment Solutions segment rose 21.10% to Rs 726.11 crore (accounting for 109.05% of total PBIT).  PBIT of 99acres for Real Estate segment rose 91.04% to Rs -3.77 crore (accounting for -0.57% of total PBIT).  PBIT of Others segment fell 29.66% to Rs -56.50 crore (accounting for -8.49% of total PBIT).  

PBIT margin of Recruitment Solutions segment rose from 52.42% to 56.62%.  PBIT margin of 99acres for Real Estate segment rose from negative 18.65% to negative 1.43%.  PBIT margin of Others segment fell from negative 19.22% to negative 23.72%.  Overall PBIT margin rose from 32.19% to 37.31%.  

Operating profit margin has jumped from 34.10% to 38.94%, leading to 27.65% rise in operating profit to Rs 694.85 crore.  Employee cost decreased from 41.81% to 38.58%.   Other expenses fell from 24.09% to 22.49%.   Selling and administration expenses fell from 14.75% to 13.13%.   Other direct service cost rose from 2.77% to 3.01%.   

Other income rose 65.52% to Rs 620.7 crore.  PBIDT rose 43.10% to Rs 1315.55 crore.  Provision for interest fell 11.13% to Rs 12.06 crore.  Loan funds declined from Rs 275.63 crore as of 30 September 2025 to Rs 242.02 crore as of 30 September 2026.  Sundry debtors were lower at Rs 12.42 crore as of 30 September 2026 compared to Rs 12.45 crore as of 30 September 2025.  Cash and bank balance declined from Rs 295.37 crore as of 30 September 2025 to Rs 209.61 crore as of 30 September 2026.  Investments declined from Rs 54,423.60 crore as of 30 September 2025 to Rs 52,150.09 crore as of 30 September 2026.  

PBDT rose 43.91% to Rs 1303.49 crore.  Provision for depreciation rose 8.65% to Rs 67.23 crore.  Fixed assets increased to Rs 406.03 crore as of 30 September 2026 from Rs 396.83 crore as of 30 September 2025.  Intangible assets declined from Rs 371.08 crore to Rs 228.94 crore.  

Profit before tax grew 46.49% to Rs 1,236.26 crore.  Extraordinary items were increased to Rs 135.64 crore.  Provision for tax was expense of Rs 239.61 crore, compared to Rs 169.48 crore.  Effective tax rate was 17.37% compared to 19.71%.

Minority interest increased 174.71% to Rs 214.38 crore.  Net profit attributable to owners of the company increased 51.14% to Rs 925.45 crore.  

Equity capital increased from Rs 129.49 crore as of 30 September 2025 to Rs 129.60 crore as of 30 September 2026.  Per share face Value remained same at Rs 2.00.  

Promoters? stake was 37.19% as of 30 September 2026 ,compared to 37.59% as of 30 September 2025 .  

Cash flow from operating activities increased to Rs 406.63 crore for YTD ended September 2026 from Rs 332.70 crore for YTD ended September 2025.  Cash flow used in acquiring fixed assets during the YTD ended September 2026 stood at Rs 38.88 crore, compared to Rs 21.23 crore during the YTD ended September 2025.  

Full year results analysis.

Net sales (including other operating income) of Info Edge (India) has increased 15.27% to Rs 3284.73 crore.  Sales of Recruitment Solutions segment has gone up 13.10% to Rs 2,343.22 crore (accounting for 71.34% of total sales).  Sales of 99acres for Real Estate segment has gone up 18.81% to Rs 488.06 crore (accounting for 14.86% of total sales).  Sales of Others segment has gone up 23.57% to Rs 453.46 crore (accounting for 13.80% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 19.42% to Rs 1,111.28 crore.  PBIT of Recruitment Solutions segment rose 14.85% to Rs 1,283.11 crore (accounting for 115.46% of total PBIT).  PBIT of 99acres for Real Estate segment fell 24.48% to Rs -59.16 crore (accounting for -5.32% of total PBIT).  PBIT of Others segment rose 18.98% to Rs -112.67 crore (accounting for -10.14% of total PBIT).  

PBIT margin of Recruitment Solutions segment rose from 53.92% to 54.76%.  PBIT margin of 99acres for Real Estate segment fell from negative 11.57% to negative 12.12%.  PBIT margin of Others segment rose from negative 37.90% to negative 24.85%.  Overall PBIT margin rose from 32.66% to 33.83%.  

Operating profit margin has jumped from 34.56% to 35.69%, leading to 19.04% rise in operating profit to Rs 1,172.22 crore.  Employee cost decreased from 43.35% to 40.84%.   Other expenses rose from 22.09% to 23.47%.   Selling and administration expenses rose from 13.09% to 13.79%.   Other direct service cost rose from 2.75% to 2.82%.   

Other income fell 1.37% to Rs 1058.55 crore.  PBIDT rose 8.40% to Rs 2230.77 crore.  Provision for interest rose 13.16% to Rs 27.43 crore.  Loan funds declined from Rs 267.35 crore as of 31 March 2025 to Rs 258.53 crore as of 31 March 2026.  Sundry debtors were lower at Rs 11.02 crore as of 31 March 2026 compared to Rs 13.19 crore as of 31 March 2025.  Cash and bank balance rose to Rs 375.91 crore as of 31 March 2026 from Rs 267.13 crore as of 31 March 2025.  Investments rose to Rs 42,299.32 crore as of 31 March 2026 from Rs 37,660.98 crore as of 31 March 2025 .  

PBDT rose 8.34% to Rs 2203.34 crore.  Provision for depreciation rose 8.39% to Rs 122.58 crore.  Fixed assets declined from Rs 465.19 crore as of 31 March 2025 to Rs 445.21 crore as of 31 March 2026.  Intangible assets increased from Rs 322.45 crore to Rs 322.49 crore.  

Profit before tax grew 8.34% to Rs 2,080.76 crore.  Extraordinary items were decreased to Rs 38.81 crore.  Provision for tax was expense of Rs 358.55 crore, compared to Rs 634.72 crore.  Effective tax rate was 16.90% compared to 32.64%.

Minority interest decreased 9.99% to Rs 313.03 crore.  Net profit attributable to owners of the company increased 50.69% to Rs 1,449.81 crore.  

Equity capital increased from Rs 129.43 crore as of 31 March 2025 to Rs 129.55 crore as of 31 March 2026.  Per share face Value remained same at Rs 2.00.  

Promoters? stake was 37.50% as of 31 March 2026 ,compared to 37.63% as of 31 March 2025 .  

Cash flow from operating activities increased to Rs 1,076.43 crore for year ended March 2026 from Rs 875.84 crore for year ended March 2025.  Cash flow used in acquiring fixed assets during the year ended March 2026 stood at Rs 63.04 crore, compared to Rs 82.25 crore during the year ended March 2025.  

Dividend:

The Board has declared Interim Dividend of Rs. 3/- per share (on face value of Rs. 2/- per share) for the financial year 2026-27.

Management Commentary:

Commenting on the performance of the company, Hitesh Oberoi, Managing Director and Chief Executive Officer, said, Mr. Hitesh Oberoi, Managing Director and Chief Executive Officer, said, Recruitment billings grew 15% in H1. AI and data products for recruiters and job seekers are now contributing meaningfully, at a high single-digit share of Recruitment topline and an annualized run rate of around Rs. 240 crore based on Q2. 99acres extended its market leadership, with billings growth accelerating to 21%, and Matchmaking continued to grow well.

Mr. Himanshu Agarwal, Chief Financial Officer, said, Standalone billings grew 13.5% in the first half, and operating profits increased by 29.8% in the quarter. Cash generated from operations grew by 27.4% in the quarter, reflecting the continued strength of the Company`s cash-generative model.

Info Edge (India) : Consolidated Results

Quarter ended Year to Date Year ended Particulars 202609 202509 Var.(%) 202609 202509 Var.(%) 202603 202503 Var.(%) Net Sales (including other operating income) 903.88 805.45 12.22 1,784.62 1,596.31 11.80 3,284.73 2,849.55 15.27 OPM (%) 39.16 34.75 442 bps 38.94 34.10 483 bps 35.69 34.56 113 bps OP 354.00 279.87 26.49 694.85 544.36 27.65 1,172.22 984.71 19.04 Other Inc. 428.44 161.78 164.83 620.70 374.99 65.52 1,058.55 1,073.25 -1.37 PBIDT 782.44 441.65 77.16 1,315.55 919.35 43.10 2,230.77 2,057.96 8.40 Interest 5.81 6.98 -16.76 12.06 13.57 -11.13 27.43 24.24 13.16 PBDT 776.63 434.67 78.67 1,303.49 905.78 43.91 2,203.34 2,033.72 8.34 Depreciation 32.94 30.98 6.33 67.23 61.88 8.65 122.58 113.09 8.39 PBT 743.69 403.69 84.22 1236.26 843.9 46.49 2080.76 1920.63 8.34 Share of Profit/(Loss) from Associates 4.05 -0.02 LP 7.54 -4.55 LP 1.82 -122.99 LP PBT before EO 747.74 403.67 85.24 1243.8 839.35 48.19 2082.58 1797.64 15.85 EO Income 0 25.11 - 135.64 20.48 562.30 38.81 146.98 -73.60 PBT after EO 747.74 428.78 74.39 1379.44 859.83 60.43 2121.39 1944.62 9.09 Taxation 97.96 81.28 20.52 239.61 169.48 41.38 358.55 634.72 -43.51 PAT 649.78 347.5 86.99 1139.83 690.35 65.11 1762.84 1309.9 34.58 Minority Interest (MI) 170.06 31.1 446.82 214.38 78.04 174.71 313.03 347.76 -9.99 Net profit 479.72 316.4 51.62 925.45 612.31 51.14 1449.81 962.14 50.69 P/(L) from discontinued operations net of tax 0 0 - 0 0 - 0 0 - Net profit after discontinued operations 479.72 316.4 51.62 925.45 612.31 51.14 1449.81 962.14 50.69 EPS (Rs)* 7.40 4.59 61.05 12.87 9.22 39.65 21.95 13.65 60.82 * EPS is on current equity of Rs 129.68 crore, Face value of Rs 2, Excluding extraordinary items. # EPS is not annualised bps : Basis points EO : Extraordinary items Figures in Rs crore Source: Capitaline Corporate Database

Info Edge (India) : Consolidated Segment Results

td>-   Quarter ended Year to Date Year ended % of (Total) 202609 202509 Var.(%) % of (Total) 202609 202509 Var.(%) % of (Total) 202603 202503 Var.(%) Sales Recruitment Solutions 72.25 653.09 581.61 12.29 71.85 1,282.32 1,143.78 12.11 71.34 2,343.22 2,071.81 13.10 99acres for Real Estate 14.86 134.31 115.09 16.70 14.80 264.10 225.79 16.97 14.86 488.06 410.79 18.81 Others 12.89 116.48 108.75 7.11 13.35 238.20 226.75 5.05 13.80 453.46 366.95 23.57 Total Reported Sales 100.00 903.88 805.45 12.22 100.00 1,784.62 1,596.31 11.80 100.00 3,284.73 2,849.55 15.27 Less: Inter segment revenues   0.00 0.00 -   0.00 0.00   0.00 0.00 - Net Sales 100.00 903.88 805.45 12.22 100.00 1,784.62 1,596.31 11.80 100.00 3,284.73 2,849.55 15.27 PBIT Recruitment Solutions 109.38 372.87 314.63 18.51 109.05 726.11 599.58 21.10 115.46 1,283.11 1,117.19 14.85 99acres for Real Estate -0.48 -1.64 -23.39 92.98 -0.57 -3.77 -42.12 91.04 -5.32 -59.16 -47.53 -24.48 Others -8.90 -30.34 -26.11 -16.22 -8.49 -56.50 -43.58 -29.66 -10.14 -112.67 -139.07 18.98 Total PBIT 100.00 340.89 265.13 28.57 100.00 665.83 513.89 29.57 100.00 1,111.28 930.60 19.42 Less : Interest 0.00 0.00 - 0.00 0.00 - 0.00 0.00 - Add: Other un-allcoable 406.85 163.64 148.62 713.60 345.95 106.27 1,010.11 1,014.02 -0.39 PBIT Margin(%) Recruitment Solutions   57.09 54.10 299.68   56.62 52.42 420.33   54.76 53.92 83.50 99acres for Real Estate   -1.22 -20.32 1,910.03   -1.43 -18.65 1,722.54   -12.12 -11.57 -55.22 Others   -26.05 -24.01 -204.23   -23.72 -19.22 -450.20   -24.85 -37.90 1,305.12 PBT 100.00 747.73 428.78 74.39 100.00 1,379.43 859.84 60.43 100.00 2,121.39 1,944.62 9.09

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