For the quarter ended September 30, Info Edge, the parent firm of the job-listing website Naukri, reported a net profit of Rs 85 crore, a 64 percent decrease from Rs 240 crore in the same period last year.

The second quarter's operating revenue increased by 12 percent to Rs 701 crore.

In comparison to Q2 FY 2023-24, when employee benefits totaled Rs.276.41 crore, the total expenses for the quarter increased to Rs.305.71 crore. Costs for advertising and promotion increased from Rs.68.63 crore to Rs.75.55 crore. Prior to unusual items, the profit was Rs.331.49 crore.

Due mainly to fair valuation adjustments, the company reported an unusual gain of Rs.108.04 crore, increasing the profit before tax to Rs.439.53 crore from Rs.277.42 crore during the same period the previous year.

Due to deferred tax adjustments associated with recent modifications to the Finance Act, net profit after tax expenses was Rs.232.29 crore, which was somewhat less than previous year's Rs.240.86 crore.

For FY 2024–2025, the board also announced an interim dividend of Rs.12 per share, with a record date of November 20 and a payment date of December 4 at the latest.

In the September quarter, Info Edge's total income from its recruiting services, Naukri, increased by over 10 percent to Rs 515.09 crore, up from Rs 467.97 crore during the same period the previous year.

It increased 5.7 percent sequentially from the June quarter's Rs 487.17 crore.

At Rs 102.03 crore YoY and 3.2 percent, its real estate vertical 99acres produced income that was about 17 percent higher than Rs 98.79 crore.

Other business revenue, such as that from education (Shiksha) and matrimony (Jeevansaathi), rose to Rs 83.69 crore in Q2 FY25 from Rs 70.58 crore in the same period last year. This was a 7.7 percent decrease from the June quarter prior, though.