27-05-2025
Info Edge Q4 revenue rises 14% to Rs 750 crore; net profit surges 8x to Rs 678 crore
Info Edge
, the parent company of job site
Naukri
, on Tuesday posted a 14% year-on-year rise in operating revenue to Rs 750 crore for the quarter ended March, riding on growth in its recruitment and non-recruitment businesses.
The company reported a net profit of Rs 678 crore, a significant jump from Rs 88 crore a year earlier.
Total expenses during the fourth quarter of FY25 increased to Rs 539 crore from Rs 469 crore a year earlier. A significant amount of the expenditure was attributed to employee benefits, which amounted to Rs 331 crore; advertising and promotion costs totalled Rs 100 crore, while other expenses were at Rs 49 crore.
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The company's recruitment solutions business, which includes grew 13% YoY to Rs 542 crore, while revenue from real estate listing portal 99acres rose 14% to Rs 106 crore. Revenue from other businesses, including and increased nearly 20% to Rs 101 crore.
For FY25, Info Edge reported revenue of Rs 2,849 crore, up 12% from the previous year, and a net profit of Rs 1,310 crore, up from Rs 594 crore in FY24.
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'After a muted start, recruitment billings accelerated well quarter-over-quarter, growing over 18% in Q4. Our non-recruitment businesses also sustained their momentum, gaining market share over the past few quarters and turning cash-positive for the full year,' said managing director and chief executive Hitesh Oberoi.
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'All our businesses performed well in Q4, resulting in a 15% year-over-year growth in cash flow from operations,' said director and chief financial officer Chintan Thakkar. As of March 31, 2025, the company's standalone cash balance, including at wholly owned subsidiaries, was at Rs 4,786 crore.
Last week, shareholders of Info Edge approved a proposal to
invest up to Rs 1,000 crore
in
Info Edge Ventures Fund III
, paving the way for the Noida-based company to ramp up its startup investments.
Info Edge was an early investor in the Indian startup ecosystem, with bets on companies such as Zomato (now Eternal) and
PB Fintech
(Policybazaar). Earlier this month, cofounder
Sanjeev Bikhchandani
said in a letter to shareholders that Info Edge's stakes in
Eternal
and PB Fintech were together
valued at Rs 31,500 crore
(as of March 31, 2025).
According to the company's investor presentation, it has 20 active investments in unlisted startups, with a total carrying value of Rs 636 crore.