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Tag: FY26

  • Info Edge Reports ₹791 Crores in Q1 FY26 Revenue; Profit Soars by 32%

    Info Edge Reports ₹791 Crores in Q1 FY26 Revenue; Profit Soars by 32%



    Info Edge Sees Strong Growth in Q1 FY26

    Info Edge Sees Strong Growth in Q1 FY26

    Info Edge, known for its flagship platforms Naukri and 99acres, has recorded a remarkable 17% increase in operating revenue during the first quarter of the ongoing fiscal year (Q1 FY26). The company’s profit surged by 32% during the same period.

    Revenue Growth Overview

    The Noida-based enterprise’s operating revenue climbed to Rs 791 crore in Q1 FY26, up from Rs 677 crore in Q1 FY25, based on information sourced from the National Stock Exchange (NSE).

    When examining quarter-on-quarter performance, Info Edge’s operating revenue experienced a 5.5% increase, rising from Rs 750 crore in Q4 FY25 to Rs 791 crore in Q1 FY26.

    Contributions from Different Segments

    Info Edge derives a substantial portion of its income from Naukri.com, which alone contributed Rs 562 crore in the quarter ending June 2025, reflecting a 15% year-on-year increase compared to Q1 FY25. Revenue from 99acres reached Rs 111 crore, while Jeevansathi and Shiksha brought in Rs 34 crore and Rs 50 crore respectively in the same quarter.

    Additionally, the company accrued Rs 213 crore from interest on deposits and investments, elevating its total revenue to Rs 1,004 crore in Q1 FY26.

    Expense Analysis

    On the expenditure side, Info Edge allocated 58% of its total spending to employee benefits, which increased by 12% year-on-year to Rs 327 crore in Q1 FY26. The costs associated with advertising and internet stood at Rs 127 crore and Rs 22 crore, respectively. Overall, the company’s costs rose by 16% year-on-year to Rs 564 crore in Q1 FY26, up from Rs 485 crore in Q1 FY25.

    Profit and EBITDA Performance

    Info Edge’s profit reached Rs 343 crore in Q1 FY26, marking a 32% rise compared to Rs 259 crore in Q1 FY25. The earnings before interest, taxes, depreciation, and amortization (EBITDA) was recorded at Rs 468 crore during this period.

    Current Market Position

    As of 2:22 PM on Friday, August 8, Info Edge’s shares are trading at Rs 1,333.5, reflecting a 2% decrease from the day’s opening price. The firm maintains a market capitalization of Rs 86,277 crore (approximately $9.8 billion).


  • MapMyIndia Achieves Rs 122 Crore in Revenue for Q1 FY26, with Profits Rising by 28%

    MapMyIndia Achieves Rs 122 Crore in Revenue for Q1 FY26, with Profits Rising by 28%


    MapMyIndia Financial Update: Q1 FY26 Results

    MapMyIndia, under its parent company CE Info Systems, has shared its financial results for the first quarter of FY26. The report indicates a remarkable year-on-year revenue growth exceeding 21% compared to Q1 FY25.

    In Q1 FY26, MapMyIndia reported operational revenue rising to Rs 122 crore, up from Rs 101 crore recorded in Q1 FY25, as detailed in its consolidated quarterly report available through the National Stock Exchange (NSE).

    Quarterly Financial Performance

    On a quarter-on-quarter basis, however, MapMyIndia experienced a 15% decline in operating revenue, which decreased from Rs 144 crore in Q4 FY25 to Rs 122 crore in Q1 FY26.

    Major Revenue Sources

    The company’s primary revenue generators include digital map data, GPS navigation, location-based services, and IoT, which collectively contributed 93% to the total revenue. This segment saw a 23% increase, generating Rs 114 crore in Q1 FY26. Conversely, revenue from device sales amounted to Rs 8 crore for the quarter ending June 2025.

    Cost Analysis

    The significant costs associated with IoT devices, employee benefits, and outsourced technical services resulted in a total expenditure of Rs 73 crore during Q1 FY26, rising from Rs 64 crore in the same quarter of the previous fiscal year.

    Profit Margins

    Diving into profitability, MapMyIndia achieved a substantial 28% profit increase, reaching Rs 46 crore in Q1 FY26, compared to Rs 36 crore from the first quarter of FY25. Furthermore, the company’s EBITDA for this quarter stood at Rs 68 crore.

    Strategic Investments

    In Q1 FY26, MapMyIndia made key strategic investments, including Rs 25 crore to elevate its stake in IoT subsidiary Gtropy Systems from 75.98% to 96%, underscoring its commitment to fleet technology and telematics. Additionally, the company invested Rs 25 crore to acquire a 0.049% stake in Zepto, enhancing its footprint in the burgeoning quick commerce sector.

    Market Position

    As of the close on 7th August 2025, MapMyIndia shares settled at Rs 1,759.9 each, resulting in a market capitalization of Rs 10,040 crore (approximately $1.09 billion).

  • MapMyIndia Reports ₹122 Crore Revenue and 28% Profit Surge in Q1 FY26

    MapMyIndia Reports ₹122 Crore Revenue and 28% Profit Surge in Q1 FY26


    MapMyIndia Reports Impressive Q1 FY26 Financial Results

    MapMyIndia, under the umbrella of CE Info Systems, has revealed its financial outcomes for the first quarter of FY26, showcasing a remarkable year-on-year revenue increase of over 21% when compared to Q1 FY25. The operational revenue surged to Rs 122 crore in Q1 FY26 from Rs 101 crore in Q1 FY25, as indicated in the consolidated quarterly report obtained from the National Stock Exchange (NSE).

    Quarterly Revenue Analysis

    In terms of quarter-on-quarter performance, MapMyIndia observed a decline in operational revenue by 15%, dropping to Rs 122 crore in Q1 FY26 from Rs 144 crore in Q4 FY25.

    Major Revenue Streams

    MapMyIndia’s primary income came from digital map data, GPS navigation, location-based services, and IoT, which collectively accounted for 93% of the overall revenue. This income segment experienced a 23% increase, amounting to Rs 114 crore in Q1 FY26. Additionally, the sale of devices contributed Rs 8 crore during the quarter ending in June 2025.

    Cost Structure

    The principal components affecting the cost structure included IoT devices, employee benefits, and outsourced technical services. Consequently, the total expenses of the company rose to Rs 73 crore in Q1 FY26, up from Rs 64 crore in Q1 FY25.

    Profit Growth

    As a result of increased operations, MapMyIndia noted a 28% rise in profitability, reaching Rs 46 crore in Q1 FY26, compared to Rs 36 crore in the same quarter of the prior fiscal year. The company’s EBITDA for the quarter was recorded at Rs 68 crore.

    Investments in Subsidiaries

    During Q1 FY26, MapMyIndia allocated Rs 25 crore to enhance its investment in IoT subsidiary Gtropy Systems, raising their stake from 75.98% to 96%. This move underscores the company’s commitment to fleet technology and telematics. Furthermore, MapMyIndia invested an additional Rs 25 crore in Zepto, acquiring a 0.049% stake to bolster its involvement in the rapidly expanding quick commerce sector.

    Stock Market Performance

    As of the close of trading on 7th August 2025, MapMyIndia’s shares were priced at Rs 1,759.9 each, resulting in a market capitalization of Rs 10,040 crore ($1.09 billion).

  • Swiggy Aims for Profitability by FY26 Fueled by Instamart Expansion

    Swiggy Aims for Profitability by FY26 Fueled by Instamart Expansion



    Swiggy’s Path to Profitability: Instamart’s Role in Quick Commerce

    Swiggy’s Path to Profitability with Instamart in Quick Commerce

    Swiggy is aiming for overall profitability between December 2025 and June 2026, with its quick commerce branch, Instamart, playing a crucial role in this turnaround. This objective was outlined during the Q1 FY26 earnings call with market analysts and investors.

    Instamart’s Growth in Quick Commerce

    Instamart has shown substantial growth, with Gross Order Value (GOV) more than doubling at 108% year-on-year. The average order value (AOV) also saw significant increases of 26% year-on-year and 16% quarter-on-quarter, exceeding expectations. This success has been attributed to the effective basket-building initiative known as Maxxsaver, which encourages customers to make larger purchases.

    Improvements in Contribution Margins

    Swiggy’s Chief Financial Officer, Rahul Bothra, confirmed that contribution losses for Instamart reached their peak in previous quarters, and there has been an improvement in contribution margins by 100 basis points sequentially. The expectation for even greater improvements in Q2 FY26 was communicated. Bothra stated, “We stay committed to our goal of achieving contribution margin neutrality between the December and June quarters of 2026.”

    Expansion and Operational Focus

    Despite the rapid growth of Instamart, Swiggy expanded its network significantly, adding over 316 stores in Q4 FY25. The company believes its existing network of 4.3 million sq. ft. is adequate to support 100% growth without needing major new additions. The focus will now shift towards enhancing operations in current locations instead of expanding into new cities.

    Shifts in Product Offerings

    Interestingly, the non-grocery selections on Instamart, which accounted for 6.6% of the total mix a year ago, now contribute 18.5%, indicating strong interest in higher-ticket items. Although increased delivery costs and marketing expenditures slightly affected margin gains, optimism about long-term monetization through seller commissions and advertising remains high.

    Food Delivery Growth Amidst Competition

    While Instamart took the lead in discussions, Swiggy’s food delivery sector also reported a healthy 18.8% year-on-year GOV growth. The company claims to maintain the best service time in the industry, with initiatives such as Swiggy Bolt (its 10-minute delivery model) accounting for over 10% of order volume. Continuous investments in Bolt and SNACC, its experimental cloud kitchen brand, are ongoing, though losses in the “platform innovations” segment increased during the quarter.

    Strong Cash Reserves

    In terms of cash flow, Swiggy has reserves of Rs 5,500 crore, which allows the company to avoid needing an equity raise. An exit from its stake in Rapido has been hinted at due to competition overlaps in the food delivery sector.

    Management’s Confidence in Quick Commerce

    Despite the growing competitive landscape, particularly in quick commerce, management remains confident. Chief Executive Sriharsha Majety highlighted that the speed of delivery and customer experience at Swiggy are strong and that there is no need to match competitors on store density if it does not impact service quality.

    A Balanced Strategy for the Future

    With a balanced approach towards consolidation, monetization, and careful reinvestment, Swiggy is optimistic that Instamart’s momentum will propel the company into profitability in FY26.


  • Tracxn Reports 12% Decline in Q1 FY26 Profits; Revenue Stays Steady

    Tracxn Reports 12% Decline in Q1 FY26 Profits; Revenue Stays Steady


    Tracxn Financial Results for Q1 FY26

    Data and research platform Tracxn has revealed its financial outcomes for the first quarter of the current fiscal year (Q1 FY26) on Thursday. The company’s revenue experienced a slight growth of 3.4% during this period, while profits witnessed a decline of 12.6%.

    The revenue from operations for Tracxn rose by 3.4% to Rs 21.2 crore in Q1 FY26, compared to Rs 20.5 crore in the same quarter of the previous fiscal year (Q1 FY25), as per the financial statements obtained from the National Stock Exchange (NSE).

    When compared quarter-on-quarter, Tracxn’s operating revenue remained stable at Rs 21.2 crore in Q1 FY26, aligning closely with Rs 21.14 crore reported in Q4 FY25.

    The entire operating revenue for Tracxn was derived from subscription sales, which provide access to its data and software. Nevertheless, the Bengaluru-based company did not disclose a detailed revenue breakdown for the reported quarter.

    Additionally, Tracxn generated Rs 1.68 crore from non-operating sources, bringing its total revenue to Rs 22.88 crore in the first quarter.

    Employee benefits emerged as the primary cost centre for Tracxn, making up 88% of the total expenditure. This expense has risen by 7% year-on-year, increasing to Rs 18.95 crore in Q1 FY26 from Rs 17.67 crore in Q1 FY25. Overall, Tracxn’s total costs expanded by roughly 6%, reaching Rs 21.43 crore in Q1 FY26.

    The company’s profit after tax has dropped to Rs 1.11 crore in Q1 FY26 from Rs 1.27 crore in Q1 FY25. However, Tracxn reported a profit before tax amounting to Rs 1.45 crore.

    As of the end of Thursday’s trading session, Tracxn’s share price was at Rs 56.24, reflecting a market capitalization of Rs 604 crore ($69 million).

  • Blackbuck Reports ₹144 Crore Revenue in Q1 FY26, with 17% Surge in Profits

    Blackbuck Reports ₹144 Crore Revenue in Q1 FY26, with 17% Surge in Profits



    Blackbuck Reports 57% Growth in Q1 FY26 – Financial Highlights

    Blackbuck Reports 57% Growth in Q1 FY26

    Blackbuck, a prominent online trucking platform, has unveiled its financial performance for the first quarter of the fiscal year ending March 2026. The Bengaluru-rooted business has achieved an impressive 57% year-on-year growth in scale for Q1 FY26, with a reported profit of Rs 34 crore during this period.

    Revenue Growth and Sources

    In terms of revenue from operations, Blackbuck has experienced significant growth, rising to Rs 144 crore in Q1 FY26 from Rs 92 crore in the same quarter of the previous fiscal year, as outlined in its financial statements sourced from the National Stock Exchange.

    Quarter-on-Quarter Analysis

    When evaluating performance on a quarter-on-quarter basis, Blackbuck’s operating revenue surged by 18%, increasing to Rs 144 crore in Q1 FY26 from Rs 122 crore in Q4 FY25.

    Revenue Composition

    The primary segment contributing to this revenue surge was the truck operator services, which represented 98% of total operating revenue. Additionally, Blackbuck earned Rs 16 crore from interest income, bringing the overall revenue to Rs 160 crore in Q1 FY26 compared to Rs 98 crore during the same quarter last year.

    Expense Analysis

    Examining the expenses, employee benefit costs constituted 32% of the total outlay, which saw a year-on-year decrease of 5%, amounting to Rs 37 crore in Q1 FY26, down from Rs 39 crore in Q1 FY25.

    Depreciation and other operational costs were significant overheads, which resulted in total expenditure reaching Rs 114 crore in Q1 FY26, as opposed to Rs 92 crore in the corresponding quarter of the previous year.

    Profit Growth

    Blackbuck’s net profit experienced a 17% increase, amounting to Rs 34 crore in Q1 FY26, compared to Rs 29 crore in Q1 FY25.

    Stock Market Performance

    Upon debuting on the stock market at Rs 208.90, Blackbuck is currently trading at Rs 481.85 (as of 15:26 PM), resulting in an overall market capitalization of Rs 8,670 crore ($1 billion).