Highlights
Info Edge Reports Strong Growth in Q1 FY27
Info Edge, the company behind Naukri and 99acres, has shown impressive growth with an over 11% year-on-year rise in consolidated revenue in Q1 FY27. Profit surged by 43% year-on-year, reaching Rs 490 crore during this quarter.
Quarterly Revenue Growth
As stated in its submission to the National Stock Exchange (NSE), Info Edge’s consolidated revenue increased to Rs 881 crore in Q1 FY27, up from Rs 791 crore during the same quarter of the previous fiscal year.
Naukri’s Significant Contribution
The recruitment solutions division, primarily driven by Naukri, was the largest source of revenue for the company, which saw a year-on-year revenue increase of 12%, reaching Rs 629 crore in Q1 FY27 compared to Rs 562 crore in Q1 FY26.
Real Estate and Matchmaking Sectors
On the other hand, the real estate platform 99acres reported a revenue of Rs 130 crore in Q1 FY27, an increase from Rs 111 crore in the same quarter last year. The matchmaking sector, including Jeevansathi and Aisle, contributed Rs 38 crore and Rs 12 crore respectively during the quarter.
Shiksha’s Performance
In contrast, Shiksha experienced a revenue decline of 12% year-on-year, bringing in Rs 44 crore.
Non-Operating Income Impact
Additionally, the company secured Rs 192 crore in non-operating income, which elevated its total income to Rs 1,073 crore in Q1 FY27.
Expense Breakdown
On the expenditure front, employee benefit expenses were the largest cost at Rs 341 crore in Q1 FY27, followed by advertising costs amounting to Rs 119 crore. Overall expenses remained relatively constant at Rs 580 crore during the quarter.
Profit Analysis
Thanks to consistent year-on-year growth in operating revenue, managed costs, and robust non-operating income, the company’s profit climbed by 43% year-on-year to Rs 490 crore in Q1 FY27 compared to Rs 343 crore in Q1 FY26. However, on a quarterly basis, profits declined 35% from Rs 756 crore in Q4 FY26, a period boosted by higher other income.
As of 3:05 PM today, Info Edge shares were trading at approximately Rs 1,272.5, giving the company a market capitalization of around Rs 82,518 crore or $8.7 billion.