Info Edge (NAUKRI) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 saw steady revenue and profit growth, with standalone revenue at INR 736 crore (up 15% YoY) and consolidated net sales at Rs. 790.9 crore, while billings growth moderated, especially in recruitment.

• Operating profit grew 10% YoY to INR 250 crore, with a margin of 34%.

• Cash from operations before taxes was INR 180 crore; cash balance at June 2025 end was INR 4,828 crore.

• Headcount at quarter-end was 6,174.

• Standalone and consolidated unaudited financial results for Q1 FY26 were reviewed and approved by the Board and Audit Committee on August 8, 2025.

Financial highlights

• Standalone billings for Q1 FY26 were INR 644 crore, up 11% YoY; consolidated revenue was INR 790.9 crore, up 17% YoY.

• EPS before exceptional items for Q1 FY26 was INR 4.01, up 11.5% YoY.

• Recruitment business billings grew 9% YoY to INR 470 crore; revenue up 15% YoY to INR 542 crore.

• Recruitment operating profit rose 12% YoY to INR 284 crore, margin at 53%.

• Non-recruitment businesses were cash negative by INR 11 crore in Q1 FY26.

Outlook and guidance

• Management remains cautious due to macro uncertainty and demand slowdown, especially in the second half of Q1.

• July showed encouraging signs with naukri.com collection growth at 19% and billing growth at 13.5–15%.

• No specific forecast provided due to ongoing volatility.

• Continued focus on digital marketing efficiency and expanding offerings in education and real estate.

• A final dividend of ₹3.60 per equity share (post split) was recommended, subject to shareholder approval.