- Info Edge reported a net profit of ₹490.1 Cr for Q1 FY27, marking a 43% increase from ₹342.9 Cr in the same quarter last year.
- However, on a sequential basis, the company's profit plunged 20.4% to ₹246 crore due to a ₹72-crore one-time loss.
- Operating revenue for the quarter increased 11% YoY to ₹880.7 Cr, with Naukri revenue rising 5% QoQ to ₹612 crore.
- The board meeting held on Aug. 11, 2026, was to consider and approve the financial results for the first quarter ended June 30, 2026.
- Despite the growth in revenue and operating profit, the net profit was adversely affected by the one-time loss, which was the biggest factor separating the company's operating performance from its reported profit.
Info Edge Ltd's Q1 FY27 results reveal a complex financial landscape. The company reported a 43% year-on-year increase in net profit, totaling ₹490.1 crore, despite a 20.4% sequential decline attributed to a ₹72 crore one-time loss.1
Operating revenue saw an 11% year-on-year increase to ₹880.7 crore, with total revenue, including other income, reaching ₹1,073 crore. However, the sequential profit drop of 35% from ₹755.7 crore in the previous quarter raised concerns among investors.34
The company's total expenses rose by 3% year-on-year to ₹580.4 crore, while revenue from operations increased by 2.4% quarter-on-quarter to ₹824 crore. Notably, revenue from the Naukri business rose 5% sequentially to ₹612 crore, but revenue from 99acres fell 10% sequentially to ₹130 crore.
The EBIT margin improved to 40.5% from 40.1% in the preceding quarter, indicating operational efficiency despite the profit decline. Investors are keenly observing hiring trends and the performance of various segments, particularly Naukri and 99acres, as they assess the company's future trajectory.
Overall, while the growth in revenue and operating profit is promising, the impact of the one-time loss on net profit has raised questions about the sustainability of this growth.6
“The one-time loss of Rs 72 crore was the biggest factor separating operating performance from reported profit, while Naukri revenue rose 5% QoQ to Rs 612 crore. 99acres revenue fell 10% sequentially to Rs 130 crore, and EBIT margin improved to 40.5%.”
Zee Business
