Info Edge (India) Limited Earnings Summary — Q1 FY2027
Info Edge Reports Strong Billing Growth in Recruitment Segment as Consolidated Net Profit Reaches ₹4.9 Billion
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 10 consecutive quarters.
- Revenue of ₹881 Cr is 11.4% higher year-on-year.
- Revenue has compounded at 13.9% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹446 Cr is 50.6% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 143.1% annualised across the period.
- Operating margin stands at 38.7% in Q1 FY2027.
- Operating margin expanded by 583 bps year-on-year.
- Over the last two years operating margin has expanded by 774 bps.
- PBT margin is 71.7%.
- Expense growth of 1.7% remained below revenue growth of 11.4%.
- Operating profit of ₹341 Cr is 31.1% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 82/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 881 | 869 | 819 | 805 | 791 | 750 | 722 | 701 | 677 | 657 |
| Expenses | Stable | 540 | 536 | 525 | 526 | 531 | 517 | 457 | 547 | 467 | 453 |
| Operating Profit | Improving | 341 | 334 | 294 | 280 | 260 | 232 | 266 | 154 | 210 | 204 |
| Operating Margin | Improving | 38.7% | 38.4% | 35.9% | 34.7% | 32.9% | 31.0% | 36.8% | 22.0% | 31.0% | 31.1% |
| Other Income | Volatile | 331 | 572 | 136 | 187 | 209 | 546 | 141 | 379 | 154 | -11 |
| Interest | Stable | 6 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 |
| Depreciation | Improving | 34 | 30 | 31 | 31 | 31 | 31 | 30 | 27 | 26 | 26 |
| Profit Before Tax | Volatile | 632 | 869 | 393 | 429 | 431 | 742 | 371 | 500 | 332 | 162 |
| Tax | Volatile | 142 | 113 | 76 | 81 | 88 | 64 | 83 | 415 | 73 | 74 |
| Net Profit | Volatile | 446 | 566 | 272 | 316 | 296 | 463 | 243 | 23 | 233 | 60 |
| Net Margin | Volatile | 50.6% | 65.1% | 33.2% | 39.3% | 37.4% | 61.8% | 33.6% | 3.3% | 34.4% | 9.2% |
Key Takeaways
- Revenue from operations grew 11.4% YoY to ₹8,807 Mn, driven primarily by the Recruitment Solutions segment.
- Recruitment Solutions remains the core profit engine with segment results growing 24% YoY to ₹3,532 Mn.
- The 99acres real estate segment reported a marginal loss of ₹21.3 Mn, a significant improvement from the ₹187.3 Mn loss in the same quarter last year.
- Consolidated PAT reached ₹4,900 Mn, heavily influenced by a ₹1,356 Mn exceptional gain, including profits from the disposal of joint ventures.
- Other Comprehensive Income saw a massive gain of ₹46,589 Mn, primarily due to the fair valuation of investments in Zomato (Eternal Limited) and PB Fintech.
- The company acquired the remaining 45.36% stake in Sunrise Mentors Private Limited subsequent to the quarter end, making it a 100% subsidiary.
Management Guidance
Management maintains a focus on platform dominance through technology moats and product innovation. While recruitment remains the primary cash generator, recent pivots in the Jeevansathi (matrimony) vertical toward profitability are beginning to manifest in reduced segment losses.
Sentiment Shift
Improving
Core recruitment margins are expanding while losses in the 99acres real estate vertical are narrowing substantially compared to the prior year.
Outlook
The outlook for the recruitment business remains robust despite macro hiring headwinds, supported by an 80% traffic share. Real estate (99acres) is trending toward break-even, while the balance sheet remains extremely liquid with substantial unutilized QIP proceeds.
From the Annual Report (Key Quotes)
“The figures of the preceding quarter ended March 31, 2026 is the balancing figures between audited figures in respect of full financial year and unaudited published figures.”
“Unrealised mark to market gain on Eternal Limited and PB Fintech continues to drive significant volatility in Total Comprehensive Income.”
“The company will continue to monitor ongoing developments and reassess the impact, if any, on the measurement of employee benefit liabilities related to new Labour Codes.”
Official Quarterly Documents
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This summary is AI-generated from Info Edge (India) Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.