Info Edge Q2 Profit Jumps 87% YoY To ₹650 Cr, Declares ₹3 Interim Dividend
Naukri parent Info Edge reported an 87% jump in its consolidated net profit for the September quarter (Q2 FY27) to…
Info Edge, the parent company behind online job portal Naukri, reported a remarkable 87% surge in its consolidated net profit for Q2 of fiscal year 2027 (Q2 FY27), reaching ₹649.8 crore, up from ₹347.5 crore in the same period last year. Higher other income played a significant role in this growth. On a sequential basis, net profit increased by 32.6% to ₹490.1 crore, while operating revenue rose by 12.2% YoY and 2.6% quarter-over-quarter, totaling ₹903.9 crore.
The primary driver of this growth was a substantial 164.8% YoY increase in other income, which reached ₹428.4 crore, up from ₹161.8 crore. Total income for the quarter amounted to ₹1,332.3 crore, compared to ₹967.2 crore in the previous year. Operating expenses grew by 4.5% YoY to ₹588.6 crore, with the company benefiting from a profit of ₹4 crore earned from joint ventures.
The company's tax expenses for the quarter amounted to ₹98 crore. Info Edge's board declared an interim dividend of ₹3 per share for fiscal year 2027, with the record date set for November 6 and payment scheduled for November 23 or later.
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