Info Edge Reports Q2 Revenue Growth Ahead of CEO Transition

Info Edge (India) reported steady growth in its second-quarter financial results for the period ending September 30, 2026, as the company prepares for a leadership transition. Consolidated revenue from operations increased 12.2% year-on-year to Rs 903.9 crore.

Key Takeaways

• Revenue growth: Consolidated revenue from operations rose to Rs 903.9 crore, driven by recruitment services and the 99acres property portal.
• Profit increase: Profit after tax climbed 87% year-on-year to Rs 649.8 crore, bolstered by improved operating margins and higher other income.
• Operational performance: Operating EBITDA reached approximately Rs 354 crore, representing a 27.4% increase compared to the previous year.
• Leadership change: CEO Hitesh Oberoi will step down on December 2, with founder Sanjeev Bikhchandani expected to assume an expanded executive role.
• Segment performance: The recruitment business accounted for 75.4% of total revenue, while the education segment continued to face pressure.

Financial Results Overview

The company, which manages brands including Naukri, 99acres, and Jeevansathi, reported a consolidated total income of Rs 1,332.3 crore, up 37.7% from the previous year. This figure includes a 164.8% increase in other income, which rose to Rs 428.4 crore. Total expenses grew by 4.5% to Rs 588.6 crore, allowing profit margins to expand. The operating EBITDA margin reached 39.2%, up from 34.5% in the same quarter last year.

Standalone profit after tax fell to Rs 333.8 crore from Rs 4,720 crore in the prior year. The company noted this decline is not indicative of operational deterioration but reflects an exceptional gain from the previous year related to the amalgamation of Makesense Technologies with PB Fintech.

Leadership Transition

Hitesh Oberoi is scheduled to leave his full-time role as Managing Director and CEO on December 2, concluding a tenure of nearly 27 years. Subject to shareholder approval, founder Sanjeev Bikhchandani is slated to step into an expanded executive position on December 3.