InfoEdge December quarter profit down 14% QoQ at Rs 272 crore; revenue, margins improve

InfoEdge

Info Edge (India) Ltd, the parent company of Naukri.com, 99acres, and Jeevansathi, reported a 14 percent sequential decline in profit at Rs 272 crore in the December quarter.

It reported an 11.8 percent year-on-year growth in standalone billings, reaching over Rs 747 crore. Billings in the recruitment business grew by 11 percent, while the non-recruitment portfolio, 99acres (real estate), Jeevansathi (matchmaking), and Shiksha (education), combined, recorded growth of 14.1 percent.

The recruitment business's revenue growth improved from the previous quarter. Non-recruitment businesses also continued to grow and generate positive cash during the quarter.

The company registered an operating profit of Rs 297 crore and an operating profit margin of 38.9 percent of revenue on a standalone basis in Q3FY26.

Hitesh Oberoi, Managing Director and Chief Executive Officer, said, “Q3FY26 saw steady business growth and improved operating profitability, driven by the resilience of our recruitment business amid an uncertain hiring environment. 99acres and Jeevansathi continued to build on their growth momentum while further gaining market share and strengthening their market positions.”

Ambarish Raghuvanshi, CFO, said, “With steady revenue growth, our operating profit margins improved in the recruitment business sequentially by 300 basis points, and non-recruitment businesses combined also were cash positive.”