New Delhi, August 8, 2025 – Info Edge (India) Limited (NSE: NAUKRI, BSE: 532777) has announced its unaudited financial results for the quarter ended June 30, 2025, reporting steady revenue and profit growth despite macroeconomic headwinds impacting the recruitment business.
Standalone Performance: Moderate Recruitment, Strong Non-Recruitment
Billings: ₹644.2 crore, up 11.2% YoY
Recruitment Solutions grew 9% YoY
Non-recruitment portfolio (99acres, Jeevansathi, Shiksha) combined grew 17.6%
Revenue from Operations: ₹736.4 crore, up 15.3% YoY
Operating Profit: ₹250.2 crore, up 10.1% YoY
Operating Profit Margin: 34.0%
Earnings Per Share (EPS): ₹4.01, up 11.5% YoY
Cash from Operations (pre-tax): ₹179.6 crore
Cash Balance: ₹4,828 crore as of June 30, 2025
Employees: 6,174
Segment-wise Highlights
Recruitment Solutions
Billings: ₹470 crore, up 9% YoY
Revenue: ₹542 crore, up 14.6% YoY
Operating Profit: ₹284 crore (margin 52.5%)
Key Trends:
IT Services, BPM, BFSI, Infrastructure grew in single digits
GCCs grew 17% YoY; Other sectors grew 7%
Technology, Retail, Healthcare, Manufacturing saw double-digit growth
Naukri.com database reached 108 million resumes, with 26,000 daily additions
IIMJobs, Naukri Gulf, Naukri Fast Forward saw billings up 41%, 18%, and 15% YoY respectively
99acres (Real Estate)
Billings: ₹110.7 crore, up 12% YoY
Revenue: ₹110.7 crore, up 12% YoY
Losses: Reduced to ₹18.7 crore from ₹23.8 crore YoY
Key Drivers: Higher new project launches, strong demand in top cities, premium listing adoption
Others (Jeevansathi & Shiksha)
Billings: ₹84.1 crore, up 20.1% YoY
Revenue: ₹84.1 crore, up 20.1% YoY
Losses: Narrowed to ₹6.3 crore from ₹14.7 crore YoY
Jeevansathi: Focus on premium matchmaking services
Shiksha: Increase in student engagement and lead generation
Consolidated Performance
Revenue from Operations: ₹790.9 crore, up 16.9% YoY
Other Income: ₹2,132.1 crore (includes significant fair value gains on investments, especially Zomato and PB Fintech)
Profit Before Tax: ₹4,310.6 crore (includes exceptional loss of ₹46.3 crore)
Net Profit: ₹3,428.6 crore (Equity holders: ₹2,959.2 crore; Non-controlling interest: ₹469.4 crore)
Total Comprehensive Income: ₹79,181.7 crore (includes ₹75,753 crore in OCI gains)
Exceptional Items & Investments
Exceptional loss of ₹46.3 crore includes impairment in some investments and goodwill write-downs.
Major OCI Gains:
Zomato Ltd: ₹75,03 crore gain
PB Fintech Ltd: ₹6,40.6 crore gain
Continued strong investment portfolio performance boosted comprehensive income.
Management Commentary
Hitesh Oberoi, MD & CEO –
"Business growth moderated in Q1FY26. The recruitment segment was impacted by geopolitical headwinds and a sectoral slowdown towards the end of the quarter. Our non-recruitment portfolio continued to progress well with 18% billings growth, market share gains, and reduced cash losses."
Chintan Thakkar, CFO –
"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."
Key Strategic Updates
Merger Plans: Progressing with amalgamation of wholly owned subsidiaries (Axilly Labs, Diphda Internet Services, Zwayam Digital, and Allcheckdeals India) – tribunal review underway.
Equity Share Split: Implemented in May 2025 (₹10 FV split into ₹2 FV) to enhance liquidity.
Investment Portfolio Moves: Agreement to divest stake in joint venture ShopKirana to Udaan’s subsidiary HEPL in exchange for equity.
Outlook
Info Edge remains cautiously optimistic, citing a strong balance sheet, diversified revenue streams, and sustained momentum in non-recruitment verticals to offset recruitment segment volatility. The management expects market share gains in real estate and matrimony, while keeping a close watch on global and domestic economic signals impacting hiring sentiment.
