INFO EDGE Q3 Result and Highlights
Financial Performance
Info Edge Q3 Result: Net Profit: Info Edge reported a net profit of ₹201 crore for Q3, slightly lower than the ₹213 crore recorded in the same period last year.
Revenue: The company achieved a revenue of ₹671 crore, up from ₹593 crore year-on-year (YoY).
EBITDA: Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at ₹289 crore, an increase from ₹241 crore YoY.
Margins: Operating margins improved to 43.1% compared to 40.5% in the previous year.
Billings: The company’s total billings grew by 15.8% YoY, reaching ₹768 crore compared to ₹577 crore in the previous year.
INFO EDGE Q3 Highlights
Jeevansathi Business
- Important platform metrics, such as acceptances and two-way chats, remain healthy.
- Efforts are underway to find new ways to monetize platform traffic.
- Growth in billings combined with effective cost control helped reduce operating losses.
99acres Business
- Q3 billing growth was driven by both an increase in the number of billed customers and higher average billing per customer.
- Broker billings grew at a faster pace compared to developer billings.
- New project listings rose by 9% YoY, while resale and rental listings from brokers grew by 20% YoY.
- Efficiency improvements in digital marketing were achieved by leveraging analytics, creative content, and audience optimization.
Recruitment Business
- Overall billings for the recruitment segment grew by 15% YoY.
- IT sector billings increased by 16%, while the non-IT sector grew by 17%. The recruitment consultant segment showed a 9% increase.
- Key non-IT sectors, including BFSI, Healthcare, Infrastructure, and Manufacturing, saw double-digit growth.
- The Naukri database now holds 104 million resumes, with an average of 19,500 resumes added daily during Q3.
- Subsidiaries such as IIMJobs, Naukri Gulf, and Naukri Fast Forward recorded healthy YoY billings growth of 29%, 21%, and 21%, respectively.
- Platforms like JobHai and AmbitionBox continued their monetization efforts in Q3.
Operational and Financial Highlights
- Deferred sales revenue for Q3FY25 stood at ₹1,067 crore.
- Operating profit margins improved to 39.2%, with a 20.4% YoY growth in operating profits.
- Cash generated from operations (before taxes) amounted to ₹346 crore, marking a 26.9% YoY increase.
- The company’s cash balance as of December 31, 2024, was ₹4,290 crore, including wholly-owned subsidiaries.
- Employee count as of December 31, 2024, stood at 5,883.
- Sustained improvements in billings and operating margins contributed to stronger cash generation.
FAQ Section
What is the overall financial performance of Info Edge in Q3FY25?
Info Edge reported a net profit of ₹201 crore and revenue of ₹671 crore for Q3FY25. EBITDA stood at ₹289 crore with operating margins of 43.1%.
How did the Jeevansathi business perform in Q3FY25?
The matchmaking platform maintained healthy user engagement metrics and focused on monetizing platform traffic. Billings growth and cost management helped reduce operational losses.
What are the highlights of the 99acres business in Q3FY25?
Billing growth was driven by increased customers and higher billing per customer. New project listings grew by 9%, and resale plus rental listings rose by 20% YoY.
What drove growth in the recruitment business?
The recruitment business saw a 15% YoY increase in billings. The IT sector grew by 16%, non-IT by 17%, and recruitment consultant billings by 9%.
What is the current Naukri database size?
The Naukri platform now hosts 104 million resumes, with an average of 19,500 resumes added daily.
Info Edge’s Q3FY25 performance highlights its ability to maintain growth across key business segments like recruitment, real estate, and matchmaking. With continued investments in analytics, customer engagement, and platform monetization, the company is well-positioned for sustained growth in the coming quarters.
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