Highlights
Info Edge Reports Third Quarter Financial Results for FY25
Info Edge, the parent entity of Naukri and 99acres, announced its unaudited financial outcomes for the third quarter of FY25 on Wednesday. As per the company’s report, which was disclosed through the National Stock Exchange (NSE), operational revenue escalated by 15.2% to Rs 722 crore in Q3 FY25, up from Rs 627 crore in Q3 FY24.
Financial Highlights
In the first nine months of FY25, the company, led by Sanjeev Bikhchandani, accumulated revenues of Rs 2,100 crore, achieving profits of Rs 632 crore.
Naukri.com continues to be the primary revenue generator for Info Edge, accounting for 73% of its total revenue. In Q3 FY25, Naukri.com contributed Rs 527 crore, reflecting a year-on-year increase of 12.3% compared to Q3 FY24. Additionally, revenue from 99acres reached Rs 104 crore, while the Jeevansathi and Shiksha sectors together earned Rs 91 crore during the same quarter.
The company also gained Rs 187 crore from interest on deposits and investments, resulting in an overall revenue of Rs 9,094 crore for Q3 FY25, an increase from Rs 660 crore in Q3 FY24.
Expenditure Analysis
Info Edge allocated 62.6% of its total expenses to employee benefits, which saw a slight rise of 9.7% year-on-year to Rs 305 crore in Q3 FY25. Advertising and internet expenses were recorded at Rs 82 crore and Rs 20 crore, respectively. Overall, the company’s costs rose by 7% compared to the previous year, amounting to Rs 487 crore in Q3 FY25, an increase from Rs 455 crore in Q3 FY24.
Profit Growth
The robust growth accompanied by a boost in other income and controlled expenditure resulted in a staggering 142% increase in profits, reaching Rs 288 crore in Q3 FY25, compared to Rs 119 crore in the same quarter of the prior year. On a per unit basis, the company expended Rs 0.67 to generate a rupee in Q3 FY25.
Market Performance
As of 4:40 PM, Info Edge’s shares were trading at Rs 7,910, marking an increase of Rs 203.1 following the announcement of the results. The total market capitalisation of the company rose to Rs 1,02,501 crore ($12.2 billion).
