Info Edge reported a 12.8% YoY revenue increase to Rs 8,416.62 million for Q2 FY27, driven by strong performance in its recruitment and 99acres segments. While net profit shows a steep drop due to base-year exceptional gains, the company remains operationally strong, announcing an interim dividend of Rs 3 per share. Shareholders should note the continued reduction in losses at 99acres and matchmaking units, alongside a strategic buyout of the remaining stake in Sunrise Mentors.
Info Edge Reports 12.8% Revenue Growth, Declares Dividend
Revenue from operations reached Rs 8,416.62 Mn, while Operating PBT grew 28.3% to Rs 3,729.87 Mn.
Reader Takeaway: Strong recruitment billings and 99acres progress drive growth, despite Shiksha segment headwinds from reduced search traffic.
What just happened
Info Edge (India) Ltd posted its Q2 FY27 standalone financial results, showing double-digit top-line growth. Revenue from operations climbed 12.8% YoY to Rs 8,416.62 Mn. The board of directors declared an interim dividend of Rs 3 per share, with a record date of November 6, 2026. Additionally, the company completed the acquisition of the remaining 45.36% stake in Sunrise Mentors Private Limited for Rs 399.99 Mn, transitioning it into a wholly-owned subsidiary.
Why this matters
The company’s core recruitment vertical remains a dominant profit engine with a 59.1% operating PBT margin. Notably, the 99acres real estate platform saw billings growth accelerate to 21.2%, signaling a move toward breakeven status. Management highlighted that new AI-driven products for recruiters, such as AI-Rex and Talent Pulse, are already generating an annualized revenue run rate of approximately Rs 240 Cr.
Risks to watch
The Education (Shiksha) segment faces challenges, recording a 27.2% billing de-growth. Management attributed this primarily to a drop in referred search traffic from Google, which represents a potential external dependency risk for the unit. While matchmaking losses are narrowing, continued investment in these platforms remains a capital-intensive exercise.
Context metrics
Total Income for the quarter stood at Rs 9,266.23 Mn, compared to Rs 8,280.14 Mn in the same period last year. Net profit appears lower at Rs 3,338.97 Mn compared to the previous year, but this is distorted by a one-time exceptional gain of Rs 52,001.12 Mn recorded in Q2 FY26. Excluding exceptional items, PBT for the current quarter shows a healthy increase to Rs 4,323.04 Mn from Rs 3,495.23 Mn a year ago.
What to track next
Investors should monitor the rollout of AI products and whether the accelerated billings in 99acres translate into sustained profitability in upcoming quarters.