Info Edge reports steady business growth ahead of leadership transition
Info Edge delivered strong financial performance in the quarter ended September 30, 2026, with consolidated revenue rising 12.2% YoY and profit after tax increasing 87% YoY to Rs 649.8 crore. The company's recruitment, property portal and matchmaking businesses drove growth, though education remained under pressure. Significant leadership changes are underway: Hitesh Oberoi will step down as Managing Director and CEO on December 2, and founder Sanjeev Bikhchandani will take an expanded executive role from December 3, subject to shareholder approval.
Key points
- Revenue grew 12.2% YoY to Rs 903.9 crore; PAT jumped 87% YoY
- Recruitment and property listing businesses led growth; education segment struggled
- MD Hitesh Oberoi departing after 27 years; founder Bikhchandani to return to executive role
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