Info Edge Declares ₹3 Interim Dividend After Consolidated Profit Rises
The reported profit increase was driven mainly by a large rise in other income rather than by uniform operating gains.
Overview
- Info Edge released Q2 FY27 results on Wednesday, October 28, 2026, and its board approved an interim dividend of ₹3 per share with a November 6 record date and payment on or after November 23, 2026.
- Consolidated operating revenue rose about 12.2% year‑on‑year to roughly ₹903.9 crore while other income jumped about 165% to ₹428.4 crore, which materially lifted reported consolidated profit.
- Published coverage shows two different consolidated PAT figures for Q2 FY27, so readers should consult the company’s exchange filings for the authoritative numbers and line‑by‑line details.
- Business billings were mixed: recruitment billings grew ~12.6%, 99acres billings rose ~21.2%, and matchmaking billings increased ~23.1%, while Shiksha billings fell ~27.2% due to AI‑related drops in search traffic.
- Shares fell to a 52‑week low after the results as analysts flagged weak hiring demand and growth concerns, and standalone PAT plunged year‑on‑year largely because the prior period included an exceptional investment gain that is not repeatable.