Info Edge (India) Limited announced robust financial results for the second quarter of Fiscal Year 2027 (Q2 FY27). The company reported a 13% year-on-year increase in billings, reaching Rs.842 crores, and a significant 30% jump in operating profit to Rs.347 crores. The operating PBT margin expanded by 541 basis points to 41%. This performance was driven by solid growth across its core recruitment, real estate, and matchmaking businesses, despite the ongoing structural transition at Shiksha.
Info Edge India Reports Strong Q2 FY27 Performance
Info Edge (India) Limited has announced its financial results for the second quarter ended September 30, 2026, showcasing significant growth across its business verticals. The company reported standalone billings grew by 13% year-on-year, reaching Rs.842 crores. Operating profit saw a substantial increase of 30%, amounting to Rs.347 crores. The operating profit before tax (PBT) margin improved considerably, expanding by 541 basis points to stand at 41%. Cash generated from operations was also strong, up 27% to Rs.373 crores.
Segmental Performance Highlights
The company highlighted that its core segments, namely Recruitment, 99acres, and Jeevansathi, are collectively growing at a faster pace than the consolidated numbers suggest. This strong performance is somewhat moderated by the ongoing structural transition at its education segment, Shiksha. Excluding Shiksha, standalone billings experienced a growth of over 14% in Q2 and approximately 16% in the first half (H1) of FY27.
Recruitment Segment Growth
In the Recruitment segment, Q2 billings and revenue both grew by 13%. Operating profit increased by 20%, with an operating PBT margin of 59%, and cash from operations rose by 20%. The company noted that timing differences in customer renewals can impact reported growth quarter-on-quarter, estimating underlying growth to be around 14-15% for Q2. For the first half, Recruitment billings grew by 15%.
99acres Accelerates Growth
The Real Estate segment, driven by 99acres, demonstrated accelerating growth. Billings grew by 21% year-on-year in Q2, up from 17% in Q1. Revenue grew by 17%. Significantly, operating losses reduced by 93% to less than Rs.2 crores in Q2 FY27. 99acres generated Rs.22 crores in cash from operations during the quarter. The company also highlighted its leadership in traffic share across top portals.
Matchmaking Segment Near Breakeven
The Matchmaking segment saw billings grow by 23% in Q2, with Jeevansathi up 18% and Aisle up 40%. The segment operated near breakeven at the operating PBT level. Jeevansathi reported an operating profit of Rs.2 crores, while Aisle reported an operating loss of Rs.3 crores. Cash generated from operations for the segment was Rs.3 crores.
AI and Future Strategy
The company also provided an update on its AI initiatives, with AI and data products now contributing a high single-digit share to its Recruitment topline, with an annualized run rate of around Rs.240 crores based on Q2. Looking ahead, Info Edge aims to strengthen its core marketplaces through technology and AI, grow its AI monetization, and scale a broader set of growth engines.
The company’s financial year ends on March 31st. Therefore, Q2 FY27 refers to the period from July 1, 2026, to September 30, 2026.
Source: BSE
