Info Edge Q1 Net Profit Rises 43% To ₹490.1 Crore

Info Edge (India) Limited has reported a 43% year-on-year rise in consolidated net profit to ₹490.1 crore for the first quarter of FY27, compared to ₹342.9 crore in Q1 FY26. The company's revenue from operations also increased by 11% to ₹880.7 crore from ₹790.9 crore in the same period last year.

The company's total income stood at ₹1,073 crore in the quarter ended June 30, 2026, up 6.9% from ₹1,004 crore in Q1 FY26. Total expenses increased by 2.9% year-on-year to ₹580.4 crore from ₹563.9 crore. Profit attributable to equity holders of the parent rose by 51% year-on-year to ₹445.7 crore from ₹295.9 crore.

However, sequentially, the company's net profit declined by 35% from ₹755.7 crore in Q4 FY26, while operating revenue rose by 1.4% from ₹869.0 crore. The quarter included a net exceptional gain of ₹135.6 crore, which included a ₹229.0 crore gain on disposal of a joint venture/other financial investment and a ₹93.6 crore impairment in the carrying value of goodwill and net assets.

The Recruitment Solutions segment remained the largest segment, with revenue rising by 12% year-on-year to ₹629.2 crore from ₹562.2 crore. The segment's profit increased to ₹353.2 crore from ₹285.0 crore. Revenue from 99acres increased by 17% year-on-year to ₹129.8 crore from ₹110.7 crore, while the segment reported a loss of ₹2.1 crore, narrowing from a loss of ₹18.7 crore in Q1 FY26.

Other segments generated revenue of ₹121.7 crore, compared to ₹118.0 crore a year earlier. Basic EPS after exceptional items stood at ₹6.88, compared to ₹4.57 in Q1 FY26, while diluted EPS was ₹6.87 versus ₹4.56. The board had recommended a final dividend of ₹3.60 per equity share for FY26, subject to shareholder approval.

The company's FY26 consolidated revenue from operations was ₹3,285 crore, and the net profit was ₹1,763 crore. The strong performance in Q1 FY27 is a positive sign for the company, and investors will be watching its future growth closely.

The increase in revenue and profit is a testament to the company's strong business model and its ability to adapt to changing market conditions. The company's focus on digital transformation and innovation has helped it to stay ahead of the competition.

In the coming quarters, the company is expected to continue its growth momentum, driven by its strong portfolio of brands and its expanding customer base. The company's commitment to investing in new technologies and talent will also help it to stay competitive in the market.

Overall, Info Edge's Q1 FY27 results are a positive sign for the company, and investors will be watching its future growth closely. The company's strong performance is a testament to its ability to adapt to changing market conditions and its focus on digital transformation and innovation.

The results also highlight the company's strong position in the market, with its Recruitment Solutions segment remaining the largest segment. The company's ability to generate revenue from its other segments, including 99acres, is also a positive sign.

In conclusion, Info Edge's Q1 FY27 results are a positive sign for the company, and investors will be watching its future growth closely. The company's strong performance is a testament to its ability to adapt to changing market conditions and its focus on digital transformation and innovation.

It is worth noting that the company's results are based on unaudited financial statements, and the final results may vary. However, the strong performance in Q1 FY27 is a positive sign for the company, and investors will be watching its future growth closely.

The company's commitment to investing in new technologies and talent will also help it to stay competitive in the market. The company's focus on digital transformation and innovation has helped it to stay ahead of the competition, and it is expected to continue its growth momentum in the coming quarters.

The results also highlight the company's strong position in the market, with its Recruitment Solutions segment remaining the largest segment. The company's ability to generate revenue from its other segments, including 99acres, is also a positive sign.

In the coming quarters, the company is expected to continue its growth momentum, driven by its strong portfolio of brands and its expanding customer base. The company's commitment to investing in new technologies and talent will also help it to stay competitive in the market.

What it means for Mumbai and India is that Info Edge's strong performance is a positive sign for the economy, and it highlights the company's ability to adapt to changing market conditions. The company's focus on digital transformation and innovation has helped it to stay ahead of the competition, and it is expected to continue its growth momentum in the coming quarters.

The results also highlight the company's strong position in the market, with its Recruitment Solutions segment remaining the largest segment. The company's ability to generate revenue from its other segments, including 99acres, is also a positive sign.

In conclusion, Info Edge's Q1 FY27 results are a positive sign for the company, and investors will be watching its future growth closely. The company's strong performance is a testament to its ability to adapt to changing market conditions and its focus on digital transformation and innovation.