Overview
- Info Edge reported consolidated Q1 FY27 net profit of Rs 490.1 crore and operating revenue of Rs 880.7 crore, reflecting double‑digit year‑on‑year growth driven by its recruitment business.
- The quarter included a net exceptional gain of Rs 135.6 crore made up of a Rs 229.0 crore disposal gain and a Rs 93.6 crore impairment, which helps explain the gap between year‑on‑year strength and a 35% sequential profit drop.
- Recruitment Solutions remained the largest segment, with revenue up about 12% to Rs 629.2 crore and segment profit rising to Rs 353.2 crore, while 99acres narrowed losses as listings revenue grew.
- Jain Irrigation’s Q1 cash profit fell 29.4% to Rs 55.90 crore and total income slipped 2.4%, with management citing polymer price swings and monsoon timing but reiterating confidence in double‑digit FY27 revenue growth and targeted EBITDA margins.
- Amara Raja posted year‑on‑year improvements with Q1 net profit of Rs 190.94 crore and revenue up to Rs 4,214.54 crore, and markets showed short‑term stock moves after the results, with Info Edge also proposing a Rs 3.60 per‑share final dividend subject to shareholder approval.