Info Edge, the parent company of jobs portal Naukri and real estate platform 99acres, registered a 43% rise in net profit for the first quarter of FY27 while revenue was up 11.4%.
Info Edge reported a consolidated net profit of Rs 490 crore for the first quarter of FY27 as compared to Rs 343 crore registered in the same period a year ago.
The revenue during this period stood Rs 881 crore as compared to Rs 490 crore a year ago.
On the performance of the company, Info Edge CEO Hitesh Oberoi said, "Q1FY27 was a stronger quarter relative to the trends we saw through FY26.
Recruitment grew well, supported by improving enterprise hiring activity and continued adoption of AI-led offerings such as AI-Rex and Talent Pulse. 99acres continued to strengthen its market leadership and moved closer to breakeven, while Jeevansathi remained profitable during the quarter.”
