Info Edge Q3 FY26 Results: Revenue Jumps 14% to ₹765 Crore

Introduction to Q3 FY26 Performance

Info Edge (India) Limited, the parent company of leading internet platforms like Naukri.com and 99acres.com, announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company demonstrated resilient operational performance, with standalone revenue and billings showing double-digit year-on-year growth. The Board of Directors, in a meeting held on February 13, 2026, approved the results and also declared a second interim dividend of ₹2.40 per share for the financial year 2025-26, signaling confidence in its financial health.

Detailed Financial Highlights

Info Edge reported a strong quarter with significant growth in its core operational metrics. Revenue from Operations on a standalone basis stood at ₹765 crore, a notable increase of 13.9% compared to the same quarter in the previous year. Billings, a key indicator of future revenue, grew by 11.8% year-on-year to reach ₹747 crore. The company's focus on efficiency was evident in its profitability. Operating Profit grew by 12.9% YoY to ₹297 crore, and the Operating Profit Margin saw a substantial sequential improvement of 303 basis points, reaching 38.9%. This reflects better cost management and operational leverage. Cash generation remained robust, with cash from operations (before taxes) at ₹376 crore, up 8.8% YoY. The company's standalone cash balance as of December 31, 2025, was a healthy ₹4,825 crore.

Key Financial Metrics Summary

To provide a clear overview, the key financial figures for Q3 FY26 are summarized below.

Segmental Performance Breakdown

The company's diversified portfolio showed strength across its primary business segments, contributing to the overall positive results.

Recruitment Business (Naukri)

The flagship recruitment business, Naukri, continued to be the primary growth engine. Billings for this segment grew by 11% year-on-year to ₹548 crore. The business demonstrated exceptional profitability, with its operating profit margin reaching 59.3%, a sequential improvement of 350 basis points. This growth was supported by a strong performance in the B2C business, which grew 17% YoY, and Naukri Gulf, which saw a 19% YoY increase. The platform's scale also expanded, with its database now containing over 113 million resumes and adding an average of more than 20,000 new resumes daily.

Real Estate Business (99Acres)

The real estate vertical, 99Acres, continued to gain market traction and delivered solid growth. Billings for the quarter grew at a healthy mid-teen rate of 14.5% year-on-year, totaling ₹117 crore. The segment also reported an operating profit of ₹20 crore, underscoring its move towards sustainable profitability. The platform's market leadership was reinforced as its overall traffic share increased to 46% in December 2025, with improved user engagement metrics like a lower bounce rate compared to competitors.

Education Business (Shiksha)

The education business, Shiksha, maintained its operational stability. Billings for the segment grew by 4% year-on-year to ₹46 crore. The business successfully remained at an operational breakeven level. The platform's extensive reach is highlighted by its more than 550,000 course listings and coverage of over 68,000 colleges.

Consolidated Results and Comprehensive Loss

On a consolidated basis, Net Sales for Q3 FY26 were ₹819.4 crore, up from ₹722.4 crore in the corresponding quarter of the previous year. However, the company reported a Total Comprehensive Loss of ₹3,954.6 crore for the quarter. This contrasts sharply with the Total Comprehensive Income of ₹3,182.4 crore in Q3 FY25. It is important to note that this loss was not due to operational underperformance but was primarily driven by non-cash, mark-to-market adjustments on the fair value of its financial investments, as detailed in its regulatory filings.

Management Commentary

Chintan Thakkar, Director and Chief Financial Officer, commented on the results, stating, “Amid macro uncertainty during the quarter, the business delivered steady growth with an 11% improvement in EPS. Our strong cash balance of ₹4,828 crore, combined with sustained cash generation, underscores our financial strength and enhances our ability to navigate uncertainties.” This statement highlights the management's focus on maintaining a strong balance sheet while delivering consistent operational results.

Conclusion and Outlook

Info Edge's Q3 FY26 results reflect a business with strong operational fundamentals. The double-digit growth in revenue and billings, coupled with sequential margin improvement, showcases the resilience of its core businesses. While the consolidated bottom line was impacted by non-cash investment adjustments, the underlying performance of the recruitment and real estate segments remains robust. With a significant cash reserve and consistent cash flow generation, Info Edge is well-positioned to navigate the market and continue investing in its various platforms for long-term growth.