Info Edge Q1: PAT Jumps 43% YoY To ₹490 Cr, Revenue Increases 11%
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Naukri parent Info Edge net profit for the first quarter of FY27 (Q1 FY27) jumped 43% to ₹490.1 Cr from ₹342.9 Cr in the same quarter last year. However, on a sequential basis, the company’s profit plunged 35% from ₹755.7 Cr. Operating revenue increased 11% YoY and a marginal 1% QoQ to ₹880.7 Cr in the quarter under review. Including other income of ₹192.3 Cr, the internet company’s total revenue for Q1 stood at ₹1,073 Cr. EBITDA Margin stood at 38.7% during the quarter. Meanwhile, the company total expenses for the quarter rose marginally by 3% YoY to ₹580.4 Cr. While the employee benefit cost for the quarter increased 4% YoY to ₹341.1 Cr in the June quarter, promotional expenses were cut by about 90% to ₹118.9 Cr. "Q1FY27 was a stronger quarter relative to the trends we saw through FY26. Recruitment grew well, supported by improving enterprise hiring activity and continued adoption of AI-led offerings such as AI-Rex and Talent Pulse. 99acres continued to strengthen its market leadership and moved closer to breakeven, while Jeevansathi remained profitable during the quarter," Info Edge CEO and MD Hitesh Oberoi said. Operationally, Info Edge operates in five sectors — recruitment, real estate, matchmaking, education, and financial investments. Here’s how the verticals performed: Recruitment: This segment includes platforms like naukri.com, naukri campus, Conding Ninjas, among others, contributing the highest revenue chunk at Info Edge. The segment recorded a 13% YoY jump in its revenue to ₹611.7 Cr. Meanwhile, its PBT for the quarter stood at ₹356 Cr. Under this segment, recruitment B2B platform led the growth with total billings increasing 17.5% YoY. Operationally, the total number of resumes on Naukri crossed 11.8 Cr mark during the quarter under review with 25K average number of resumes added daily. The enterprise customer number crossed the 49k mark during the quarter under review. The company also attributed the vertical’s growth to its bid to integrate AI more deeply in recruitment. AI offerings like PremiumX, AgentNeo, Naukri 360, Talent Pulse and more — the company facilitated 1.3 Lakh AI-powered mock interviews monthly, helped with hyper-personalised recommendations, two-way intelligent matchmaking, among others. Real Estate: 99acres generated a revenue of ₹129.8 Cr in the June quarter, up 17% YoY while losses went down by 89% to ₹2.1 Cr. Billings for the real estate segment grew 17% while property enquiries across categories grew over 38%. With a total customer base of more than 1 Lakh customers, Info Edge’s total real estate projects stood at 2 Lakh in the first quarter. The company claims that 99acres’ market share increased to 49% in Q1 FY27 from 40% in a year-ago period. Matchmaking: Info Edge’s matchmaking segment, which sees it operate Jeevansathi and Aisle, the company said that billings from both the platforms grew 20% YoY collectively while operating loss continued to narrow down. While Jeevansathi generated a revenue of ₹38 Cr, platform’s PBT stood at ₹1 Cr for the quarter under review. Meanwhile, Aisle generated a revenue of ₹12 Cr in the June quarter with a loss before tax of ₹2 Cr. Education: Career-advisory and education portal Shiksha recorded revenue of ₹82.9 Cr in Q1 FY27. The segment was impacted by AI-driven traffic headwinds, as client delivery was affected by declining referral traffic from Google Search. The platform has more than 68k colleges, 5.7 Lakh course listings, and 63 Lakh annual registrations. Shares of Info Edge ended today's trading session 3.9% higher at ₹1,278.
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