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Home Market Research Business

Info Edge Q1 Results: Cons PAT jumps 27% YoY to Rs 296 crore, revenue up 17%

by TheAdviserMagazine
11 months ago
in Business
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Info Edge Q1 Results: Cons PAT jumps 27% YoY to Rs 296 crore, revenue up 17%
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Info Edge (India) on Friday reported a 27% year-on-year jump in its consolidated net profit for the June quarter at Rs 296 crore compared to Rs 233 crore in the year-ago period. The profit after tax (PAT) is attributable to the equity holders of the parent. The operator of Naukri.com platform reported revenue of Rs 791 crore in the quarter under review which was 17% higher from Rs 677 crore reported in the corresponding quarter of the last financial year.

On a sequential basis, the PAT was down 36% from Rs 463 crore reported in the January-March quarter of FY25 while the topline was up 5.5% from 750 crore in Q4FY25.

The total comprehensive income for the company in Q1 was Rs 7,918 crore in Q1FY26 versus Rs 3,583 crore in Q1FY25.

Profit before tax (PBT) without exceptional items in the June ’25 quarter was Rs 436 crore, up from Rs 329 in Q1FY25.

Also Read: SBI Q1 Results: Standalone PAT jumps 12% YoY to Rs 19,160 crore, beats Street estimates

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Info Edge Q1 Results: Standalone stats

Info Edge reported an 11.2% year-on-year growth in standalone billings for the quarter, reaching Rs 644.2 crore. Billings in the recruitment business grew by 9.0%, while the non-recruitment portfolio, 99acres (real estate), Jeevansathi (matrimony), and Shiksha (education), combined recorded growth of 17.6%.Revenue from operations was Rs 736.4 crore on a standalone basis for the quarter ended June 30 compared to Rs 639 crore in the corresponding quarter of the previous fiscal, gaining 15%. The recruitment business growth moderated in Q1, whereas non-recruitment businesses also continued to grow with reduced cash losses.The company registered an operating profit of Rs 250.2 crore and an operating profit margin of 34% of revenue on a standalone basis in Q1. The standalone business generated cash from operations (before taxes) of Rs 179.6 crore.

Commenting on the results, Managing Director and Chief Executive Officer Hitesh Oberoi said that the business growth moderated in Q1FY26. “The recruitment segment was impacted by geopolitical headwinds and a sectoral slowdown towards the end of the quarter. Our non-recruitment portfolio continued to progress well with 18% billings growth, market share gains, and reduced cash losses,” he said.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)



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