Info Edge (NAUKRI) Q2 25/26 earnings summary

Executive summary

• Standalone Q2 FY26 billings grew 12.1% YoY to INR 729 crore; revenue up 13.7% YoY to INR 746 crore; operating profit at INR 268 crore, margin at 36%.

• Cash from operations before taxes in Q2 FY26 was INR 293 crore, up 12% YoY; cash balance at end of September 2025 was INR 4,823 crore.

• Exceptional gain of INR 5,200 crore in Q2 FY26 from PB Fintech holding revaluation; total comprehensive income at INR 6,070 crore.

• Board proposed interim dividend of INR 2.4 per share.

• Employee count reached 6,238 at quarter-end.

Financial highlights

• Consolidated Q2 FY26 net sales at INR 805 crore vs INR 701 crore YoY; profit before tax (excl. exceptionals) at INR 404 crore vs INR 335 crore YoY.

• EPS (before exceptional items) was INR 4.08, up 2% YoY; EPS (basic) for Q2 FY26 was INR 4.89.

• Deferred sales revenue reached INR 1,250 crore.

• Cash flow from operations for H1 FY26 was INR 3,326.96 million.

• Other comprehensive income included a gain of INR 68,322.80 million from fair valuation of investments.

Outlook and guidance

• Billings and revenue are expected to remain steady, with continued focus on cash generation and margin improvement.

• Hiring environment remains uncertain; growth outlook is cautiously optimistic.

• Non-recruitment businesses expected to reduce cash losses and improve efficiency.

• Real estate segment expected to see revenue growth follow traffic share gains with a lag.

• Management continues to monitor the ongoing investigation in the 99acres segment, with no material impact assessed so far.