Info Edge Q2 FY27 Revenue Reaches ₹903.88 Crore, Up 12.22%

Info Edge (India) Limited reported Q2 FY27 revenue of ₹903.88 crore, a 12.22% year-on-year increase and 2.63% rise from the preceding quarter. Its standalone business reported revenue of ₹842 crore, operating profit of ₹347 crore and an operating PBT margin of 41%, supported by recruitment, real-estate and AI-led offerings.

What did Info Edge report for Q2 FY27?

Info Edge reported revenue of ₹903.88 crore for Q2 FY27, compared with ₹880.75 crore in Q1 FY27. The results summary puts year-on-year revenue growth at 12.22% and quarter-on-quarter growth at 2.63%. It also lists gross profit of ₹321 crore, up 4.72% sequentially and 28.99% from a year earlier.

The company’s reported net-profit figures vary across the supplied material. The quarterly earnings data lists net profit at ₹645 crore, with growth of 32.71% quarter on quarter and 85.81% year on year. A separate report, however, puts Q2 FY27 net profit at ₹480 crore, up 8% from ₹446 crore in Q1 FY27. The provided material does not explain the differing bases for these figures.

For the standalone business, Info Edge reported revenue from operations of ₹842 crore, up 12.8% year on year from ₹746 crore. Standalone billings and revenue both increased 13% year on year, while operating profit rose 30% to ₹347 crore.

What drove Info Edge’s operating performance?

Info Edge said the expansion in operating profit outpaced standalone revenue growth. Operating PBT margin widened by 541 basis points year on year to 41%. Cash generated from operations increased 27% to ₹373 crore during the quarter, indicating higher operating cash generation alongside the increase in profit.

The recruitment business remained a key contributor. Recruitment billings grew 13% year on year, while its operating profit increased 20% and the segment reported a 59% operating margin. Management said quarterly billing trends can be influenced by the timing of renewals. It estimated underlying growth at about 14% to 15% after adjusting for this timing effect.

AI and data products contributed a high single-digit share of recruitment revenue, based on the company’s comments. Their annualised run rate was about ₹240 crore in Q2. These offerings include PremiumX and Talent Pulse for business customers, as well as mock interviews, the Neo job-seeker agent and an AI resume-making service.

How did Info Edge’s other businesses perform?

Info Edge said 99acres maintained momentum, with billings rising 21% year on year. Operating losses in the business declined 93% to less than ₹2 crore, while cash generated from operations was ₹22 crore. The performance points to a significant reduction in losses at the real-estate platform, though the supplied material does not provide its revenue figure.

The matchmaking segment reported 23% growth in billings. Jeevansathi billings rose 18%, while Aisle billings increased 40%. The segment operated near break-even at the operating PBT level: Jeevansathi recorded operating profit of ₹2 crore and Aisle reported an operating loss of ₹3 crore.

Shiksha was the weaker business line in the quarter. Its billings fell 27% and revenue declined 9%, which management linked to AI-driven changes in search behaviour and lower referral traffic. The company described the business as undergoing a structural transition.

JobHai continued to be loss-making, with an annual burn of about ₹45 crore. Management indicated that the platform may need revenue of ₹100 crore to ₹125 crore to reach break-even and said this could take a couple of years. This business reduced recruitment margins by an estimated two to three percentage points.

What does the quarter mean for investors and operations?

The quarter showed that Info Edge’s standalone operating profit grew faster than revenue, with margin expansion supported by its core recruitment operations. The 41% operating PBT margin and ₹373 crore of operating cash generation are the central operating indicators disclosed by management for the period.

The supplied data also shows a difference between reported revenue of ₹903.88 crore and standalone revenue of ₹842 crore. Investors comparing the figures need to distinguish between the reported quarterly results summary and the standalone operating metrics cited in the investor presentation and earnings call. The material provided does not offer a reconciliation between them.

Leadership changes are another disclosed development. Hitesh Oberoi is scheduled to step down as Managing Director and CEO on December 2, 2026. Founder and Vice Chairman Sanjeev Bikhchandani said he would take over as Executive Vice Chairman, Managing Director and Group CEO. He also said no decision had been made on further leadership hiring.

Conclusion

Info Edge’s Q2 FY27 results showed double-digit revenue growth, a 30% increase in standalone operating profit and a 541-basis-point expansion in operating PBT margin. Recruitment and 99acres supported the operating performance, while matchmaking approached break-even. Shiksha and JobHai remained areas of pressure within the portfolio.

Investors will watch whether recruitment maintains the management-indicated underlying billing growth of 14% to 15%, whether AI and data products continue to scale from their ₹240 crore annualised run rate, and how the leadership transition takes shape after December 2, 2026.