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Naukri.com leads the charge as Info Edge clocks 12 per cent Pat jump in Q3

Recruitment business drives growth as company posts higher profits and declares dividend

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MUMBAI: If job markets could speak, they might say business at Info Edge is still hiring growth, just not fast enough to keep the market smiling.

The parent of Naukri.com reported a 12 per cent year-on-year rise in consolidated net profit for the December quarter, with profit after tax (Pat) attributable to equity holders coming in at Rs 272 crore, up from Rs 243 crore a year earlier. Revenue from operations rose 13 per cent to Rs 819 crore, compared with Rs 722 crore in the corresponding quarter last year.

Yet, the quarter wasn’t all upward arrows. Sequentially, Pat fell 14 per cent from Rs 316 crore in Q2, while revenue inched up just 1.7 per cent from Rs 805 crore. Investors responded with caution: Info Edge shares slipped about 4 per cent on Friday to a day’s low of Rs 1,104.20 on the NSE.

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The company also announced an interim dividend of Rs 2.40 per share for FY26, with February 20, 2026 set as the record date. The payout is scheduled on or after March 9.

Naukri, Info Edge’s flagship recruitment business, continued to carry the load. The segment reported billings of Rs 548 crore and an operating profit of Rs 341 crore, translating into a robust operating margin of 59.3 per cent for the quarter. Cash flow from operations stood at Rs 373 crore, underscoring the division’s role as the company’s primary earnings engine.

The real estate arm, operating under the 99acres brand, posted billings of Rs 117 crore in Q3FY26, marking a 14.5 per cent year-on-year increase. Operating profit for the segment came in at Rs 20 crore, with cash flow from operations at Rs 10 crore.

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Jeevansathi.com, the company’s matrimony platform, recorded 29 per cent revenue growth in the quarter, with revenue reaching Rs 36 crore. The segment reported an operating profit of Rs 2 crore and cash flow from operations of Rs 5 crore, signalling steady traction in a competitive market.

The Shiksha business continued to broaden its digital catalogue, hosting more than 5.5 lakh course listings and serving 1,600 unique clients during the quarter.

Overall, the quarter reflected a familiar Info Edge story: a recruitment powerhouse driving profits, smaller verticals chelling in with growth, and the market keeping a close eye on the pace of expansion. For now, the company seems to have no shortage of job offers, but investors may still be waiting for the next big promotion.

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Primus Partners appoints Akasa Air co-founder Neelu Khatri as independent director

Veteran aviation and defence professional joins as independent director

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NEW DELHI: Primus Partners has appointed Neelu Khatri, a founding member of Akasa Air, as an independent director, strengthening the consulting firm’s board as it prepares for its next phase of growth.

Khatri brings more than three decades of experience across defence, aviation, aerospace technology and consulting. She was part of the core team that helped build Akasa Air from concept to launch, contributing to what has been widely described as one of the fastest airline scale ups in recent aviation history.

At Primus Partners, she will provide strategic guidance on corporate governance and help steer the firm’s long term growth plans. Her experience of building a start up into a full scale organisation is expected to support the consulting firm as it expands its footprint.

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Primus Partners co-founder and chairperson Davinder Sandhu, said the appointment brings valuable expertise to the board. “Neelu’s journey across defence, aviation and consulting brings a rare blend of operational insight and strategic thinking. Her experience in rapidly scaling Akasa Air will be invaluable as we continue to grow while maintaining a strong focus on corporate governance,” he said.

Primus Partners, an India headquartered management consulting and solutions firm, has emphasised governance and board oversight since its early days. The company has also taken an unconventional approach by inviting its Gen Z employees to attend board meetings so that younger perspectives can contribute to discussions.

Speaking on her appointment, Khatri said the consulting sector is entering a transformative period shaped by emerging technologies. “The industry is evolving rapidly with the rise of AI. This is an exciting moment for an Indian origin consulting firm like Primus Partners to expand its product offerings and strengthen its presence globally,” she said.

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She added that as the firm pursues ambitious expansion plans, her focus will be on ensuring strong governance frameworks and effective risk management as the organisation scales.

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