Info Edge (India) Ltd, the parent company of leading digital platforms such as Naukri.com and 99acres.com, reported a healthy financial performance in the third quarter of FY26. According to its filing with the National Stock Exchange (NSE), the company’s standalone revenue rose 12% year-on-year to Rs 747 crore in Q3 FY26, compared to Rs 668 crore in the corresponding quarter last year.
The performance reflects steady momentum across its core business segments, particularly recruitment solutions and real estate, even amid a cautious macroeconomic environment and evolving hiring trends across industries.
Strong Nine-Month Performance
For the nine months ended FY26, Info Edge recorded standalone revenue of Rs 2,120 crore, up from Rs 1,897 crore in the same period of the previous fiscal year. The growth highlights the company’s ability to sustain revenue expansion across cycles, supported by its diversified portfolio of digital marketplaces.
While quarterly performance can be influenced by seasonality and hiring sentiment, the nine-month numbers suggest a stable underlying demand for Info Edge’s platforms, especially in recruitment and property discovery.
Recruitment Solutions Continue to Dominate
Recruitment Solutions remained the largest and most significant contributor to Info Edge’s standalone revenue. The segment, which includes the company’s flagship job portal Naukri.com, reported revenue of Rs 548 crore in Q3 FY26, compared to Rs 494 crore in Q3 FY25.
For the nine-month period, Recruitment Solutions revenue increased to Rs 1,564 crore from Rs 1,417 crore a year earlier, underlining the continued relevance of Naukri in India’s hiring ecosystem.
Despite periods of moderation in white-collar hiring over the past year, Naukri has benefited from its strong enterprise relationships, diversified offerings for recruiters, and steady demand from sectors such as IT services, BFSI, manufacturing, and emerging digital-first companies. The platform’s large resume database and data-driven hiring solutions continue to provide a competitive advantage.
99acres Shows Consistent Growth
Info Edge’s real estate vertical, 99acres, also posted a positive performance during the quarter. Revenue from the platform increased to Rs 117 crore in Q3 FY26, up from Rs 103 crore in Q2 FY25, indicating sequential improvement.
Over the nine-month period, the real estate segment continued to show traction, supported by sustained residential demand in key urban markets. The gradual recovery in housing activity, coupled with increased digital adoption by developers and brokers, has contributed to improved monetisation for property portals.
99acres has been focusing on enhancing user experience, improving lead quality for advertisers, and strengthening its presence in both primary and secondary real estate markets. These efforts appear to be translating into steady revenue growth.
Diversified Portfolio Provides Stability
Info Edge’s business model is built around category-leading digital marketplaces that benefit from network effects and strong brand recall. While recruitment remains the largest revenue driver, the presence of other verticals such as real estate helps cushion the impact of cyclical slowdowns in any single sector.
The company also has exposure to other digital segments through its investments, though the reported numbers pertain specifically to standalone revenue. This diversified approach has allowed Info Edge to maintain growth momentum while continuing to invest in technology, product innovation, and customer acquisition.
Navigating a Changing Hiring Landscape
The recruitment industry has seen shifting dynamics over the past few years, with companies balancing cost control and selective hiring. Against this backdrop, Info Edge’s double-digit growth in Recruitment Solutions suggests resilience in its core platform.
Naukri’s focus on value-added services, including recruiter tools, branding solutions, and data insights, has helped it move beyond pure job listings. This evolution has enabled the platform to capture greater wallet share from enterprise clients, even when hiring volumes fluctuate.
Outlook and Industry Context
Looking ahead, Info Edge’s performance will continue to be influenced by macroeconomic conditions, hiring sentiment, and trends in the real estate market. A pickup in corporate hiring and sustained residential demand could further support revenue growth in the coming quarters.
At the same time, competition in both recruitment and property portals remains intense, with new-age platforms and niche players vying for market share. Info Edge’s scale, strong balance sheet, and long-standing customer relationships position it well to defend its leadership while adapting to changing market needs.
Info Edge’s Q3 FY26 results underscore the strength of its core businesses and the durability of its digital marketplace model. With standalone revenue touching Rs 747 crore in the quarter and Rs 2,120 crore over nine months, the company continues to demonstrate steady growth led by Recruitment Solutions and supported by improving performance in real estate.
As India’s job and property markets evolve, Info Edge’s ability to innovate and monetise its platforms will be key to sustaining momentum in the quarters ahead.
