Info Edge margin reaches 39.16% as other income lifts profit
Revenue growth outpaced expenses, but other income and a lower tax rate made a large contribution to the consolidated profit increase.
Filed 28 Oct 2026, 11:58 IST · Info Edge (India) Ltd (NAUKRI)
Key takeaways
- Consolidated revenue grew +12.22% YoY while expenses rose +4.63%, lifting operating margin by 4.41 percentage points to 39.16%.
- Net profit increased +86.98% YoY, but other income contributed 57.84% of pre-tax profit and the tax rate fell by 5.86 percentage points.
- Info Edge's 39.16% operating margin was 26.88 percentage points above the 12.28% median for 70 Consumer Discretionary peers.
Price around the results
Revenue growth widened into operating leverage
Consolidated revenue grew +12.22% YoY and +2.63% QoQ. Expenses rose only +4.63% YoY and +1.85% QoQ, so operating profit grew +26.48% YoY and +3.85% QoQ. The gap between revenue and expense growth lifted operating margin by 4.41 percentage points YoY and 0.46 percentage points QoQ.
Other income and tax drove much of the profit jump
Profit before tax increased +74.39% YoY, while net profit rose +86.98%. Other income accounted for 57.84% of pre-tax profit, making the reported profit increase materially dependent on non-operating income. The tax rate fell by 5.86 percentage points YoY and 9.32 percentage points QoQ, while interest expense declined by 16.76% YoY.
Margin has improved through the five-quarter trend
Operating margin has risen in every quarter shown, from 33.44% in Q1FY26 to 39.16% in Q2FY27. Among 70 Consumer Discretionary peers that have reported, Info Edge's margin was 26.88 percentage points above the 12.28% sector median. This quarter therefore extended both the company's sequential margin improvement and its wide gap over the peer group.
Past result-day moves were more often positive
Across the eight recent result reactions in the history provided, the stock rose five times and fell three times. The median absolute move was 2.64%, giving the usual post-results move a relatively modest reference point. The current result is still too fresh for a reported market reaction.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ | YoY |
|---|---|---|---|---|
| Revenue | ₹904 cr | ₹881 cr | +2.63% | +12.22% |
| Other income | ₹432 cr | ₹331 cr | +30.51% | +131.45% |
| Expenses | ₹550 cr | ₹540 cr | +1.85% | +4.63% |
| Operating profit | ₹354 cr | ₹341 cr | +3.85% | +26.48% |
| Operating margin (%) | 39.16% | 38.70% | — | — |
| Interest | ₹6 cr | ₹6 cr | -7.19% | -16.76% |
| Depreciation | ₹33 cr | ₹34 cr | -3.94% | +6.33% |
| Profit before tax | ₹748 cr | ₹632 cr | +18.37% | +74.39% |
| Tax | ₹98 cr | ₹142 cr | -30.84% | +20.52% |
| Net profit | ₹650 cr | ₹490 cr | +32.59% | +86.98% |
| EPS (₹) | ₹7.40 | ₹6.88 | +7.56% | +51.33% |
Operating margin of 39.16% compares with a Consumer Discretionary sector median of 12.28% across 70 peers that have reported Q2FY27.
What to watch
- Whether consolidated operating margin holds above 39.16%.
- Whether expenses continue to grow slower than revenue, after +4.63% expense growth versus +12.22% revenue growth YoY.
- Whether other income remains a major contributor after accounting for 57.84% of pre-tax profit.