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 ₹649.8 Cr from ₹347.5 Cr in the year-ago period, aided by higher other income. On a sequential basis, net profit rose 32.6% from ₹490.1 Cr
Operating revenue increased 12.2% YoY and 2.6% QoQ to ₹903.9 Cr during the quarter under review.
The bottom line growth came alongside a sharp increase in other income, which rose 164.8% YoY to ₹428.4 Cr from ₹161.8 Cr. Including this, total income stood for the quarter at ₹1,332.3 Cr as against ₹967.2 Cr in the corresponding quarter last year.
Meanwhile, consolidated expenses grew 4.5% YoY to ₹588.6 Cr. The company gained ₹4 Cr profit from joint ventures. Total tax expenses for the quarter stood at ₹98 Cr.
Separately, Info Edge’s board declared an interim dividend of ₹3 per share for FY27. The company fixed November 6 as the record date, with payment scheduled on or after November 23.
(The story will be updated soon)
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