Info Edge Financial Performance Q2 FY27
Info Edge has demonstrated remarkable growth with an 87.1% year-on-year increase in consolidated net profit, reaching Rs 650 crore in Q2 FY27. The company’s consolidated revenue from operations also experienced a healthy rise of 12.2%, amounting to Rs 904 crore during the quarter, up from Rs 806 crore in the same period last year.
Impact of Other Income on Profit
The substantial increase in Info Edge’s bottom line was significantly supported by other income of Rs 428 crore in Q2 FY27. This additional income played a crucial role in boosting the consolidated profit to Rs 650 crore. With revenue from operations recorded at Rs 904 crore, the contribution from other income illustrates the significance of returns from the company’s financial investments, alongside its primary business activities.
Expense Management
Total expenses for Info Edge rose by 4.1% to reach Rs 587 crore in Q2 FY27, compared to Rs 564 crore the previous year. The slower growth in expenses relative to the revenue increase has positively influenced the company’s profitability during this quarter.
Standalone Revenue Growth
On a standalone basis, Info Edge’s revenue from operations showcased a growth of 12.8%, amounting to Rs 842 crore in Q2 FY27, up from Rs 746 crore in the same quarter of the last financial year.
Recruitment Business Performance
Consolidated results indicate that Info Edge’s recruitment division, operating through Naukri, remains the largest contributor to revenue. This sector reported an increase in revenue, climbing to Rs 653 crore in Q2 FY27 from Rs 582 crore a year earlier.
Real Estate and Other Businesses
The real estate platform, 99acres, generated revenue of Rs 134 crore during the quarter. Additionally, other business areas, including Jeevansathi and Shiksha, collectively reported revenue of Rs 116 crore, up from Rs 109 crore during the previous year’s period.
Dividend Announcement
In a positive move, Info Edge’s board has announced an interim dividend of Rs 3 per share for FY27. The record date for this dividend has been set as November 6, 2026, with payments expected to commence on or after November 23.
Strategic Investment Plans
In a recent filing, Info Edge confirmed a new investment of Rs 150 crore in its wholly-owned subsidiary, Redstart Labs (India) Ltd. This investment will be executed in cash across multiple tranches over the next 18 months, aimed at addressing working capital needs, funding innovative technology projects, and supporting general corporate objectives.
Market Performance
As of 12:13 PM, Info Edge’s shares were trading at Rs 1,254, reflecting an increase of 3.3% for the day. This increase positions the company’s market capitalisation at Rs 81,279 crore.