
Info Edge share price rose as much as 1.19% to ₹1,357 apiece on Wednesday after the company posted multifold rise in its net profit for the September quarter FY26.
Info Edge shares have remained volatile in the near-term. The stock gained nearly 2% in a month, however, fell 7.7% in six months.
Info Edge, on Wednesday, reported a sharp 1,263% year-on-year jump in its consolidated net profit for Q2, reaching ₹316 crore compared to ₹23 crore in the same period last year. The profit after tax (PAT) is attributed to the company’s equity shareholders. The fall in PAT in the corresponding year can be attributed to a deferred tax charge amounted to ₹320.5 crore.
The company recorded exceptional gains of ₹25 crore during the quarter under review.
The company also announced an interim dividend of ₹. 2.40 per share, with a face value of ₹2 per share, for the financial year 2025-26. The record date for determining shareholders' eligibility has been set as Friday, November 21. Meanwhile, the dividend would be paid on or after December 5, 2025, the company said in the exchange filing.
Info Edge’s operating revenue stood at ₹805 crore, marking a 15% rise from ₹701 crore in the same quarter last year.
EBITDA for the quarter rose 7.5% to ₹295 crore, up from ₹274.6 crore a year earlier. However, the EBITDA margin declined by 220 basis points to 39.6% from 41.8% year-on-year. The company’s net profit, including a one-time gain, increased 6% to ₹350 crore compared to ₹331 crore in the same period last year.
Profit after tax (PAT) grew 7% sequentially to ₹296 crore in Q1FY26, while revenue increased 2% from ₹791 crore in the April–June quarter of FY26.
Total comprehensive income came in at ₹6,070 crore for Q2FY26, down from ₹8,170.2 crore in Q2FY25.
In its exchange filing, Info Edge reported that billing growth in Q2 remained stable, with a slight uptick in the recruitment segment, while non-recruitment businesses continued to show steady growth. Deferred sales revenue for Q2FY26 stood at ₹1,250 crore.
Within the recruitment business, billings for the quarter reached ₹545 crore, generating an operating profit of ₹312 crore. The company served around 46,000 customers during the period.
For 99Acres, billings in Q2FY26 reached ₹122 crore, marking a 14% year-on-year increase, while operating profit came in at ₹23 crore.
Jeevansathi reported billings of ₹34 crore for the quarter, reflecting a robust 29% growth compared to the same period last year.
“Business growth remained stable in Q2FY26 with improved cash generation. The recruitment business continued to show resilience amid an uncertain hiring environment. 99acres and Jeevansathi maintained their growth momentum while continuing to gain market share,” said Hitesh Oberoi, Managing Director and Chief Executive Officer.
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