Info Edge Q2 revenue rises 12%, but net profit falls
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Info Edge India Ltd (NAUKRI: NSI), the Indian job board, reported unaudited consolidated results on 8 November 2024 with revenue from operations for the second quarter ended 30 September 2024 of INR 7.00 billion (USD 83.0 million), up 12% compared to the same period last year.
Recruitment Solutions revenue increased by 10.0% over the previous year.
(INR millions) | Q2 2025 | Q2 2024 | Change | Q2 2025 (USD millions) |
Revenue from Operations | 7,008 | 6,258 | 12.0% | 83.0 |
Total Income | 9,149 | 7,920 | 15.5% | 108.4 |
Profit before tax | 5,000 | 3,084 | 62.1% | 36.5 |
Net profit for the period | 847 | 2,397 | -64.6% | 10.0 |
Recruitment solutions comprise primarily of Naukri.com, other recruitment-related portals and ancillary services related to recruitment. The ‘Others’ segments comprise Jeevansathi.com for matrimony-related services and Shiksha.com for education-related services.
Revenue by segment
(INR millions) | Q2 2025 | Q2 2024 | Change | Q2 2025 (USD millions) |
Recruitment Solutions | 5,151 | 4,679 | 10.0% | 61.0 |
99 acres for real estate | 1,020 | 872 | 16.9% | 12.1 |
Others | 837 | 705 | 18.5% | 9.9 |
Hitesh Oberoi, managing director and CEO, said in a press release, “We are pleased to see double-digit billings growth in the recruitment business after several weak quarters. Increased cash generation from this segment, coupled with reduced losses in our non-recruitment businesses, position us strongly for sustainable growth.”
Info Edge shares closed at INR 7,654.60 (USD 90.72), down 2.71% on the day and 9.65% below its 52-week high of INR 8,472.00 (USD 100.41), set on 9 October 2024. The company has a market cap of INR 1.02 trillion (USD 12.08 billion).