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When Info Edge announced its Q2 FY2026 results on October 29, 2026, it also announced that founder Sanjeev Bikhchandani will take over as Executive Vice Chairman, Managing Director and Group CEO on December 3, 2026, succeeding the resigning Hitesh Oberoi. The same announcement disclosed that the company's net profit for the quarter rose 87% year-on-year to INR 649.8 million, while revenue grew 12% to INR 903.9 million; AI and data products for recruiters and job seekers already account for a high single-digit share of recruitment business revenue, with annualized revenue of approximately INR 240 million calculated on a Q2 basis. There are currently no further developments.
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Oct 29
MediaNama
Info Edge Q2 Earnings: Net Profit Up 87% to Rs 650 Million, AI Products Annualized Revenue About Rs 240 Million
Info Edge announced its Q2 FY2026 results, with net profit up 87% year-on-year to Rs 649.8 million and revenue up 12% to Rs 903.9 million. AI and data products for recruiters and job seekers already account for a high single-digit share of recruitment business revenue, with annualized revenue of about Rs 240 million calculated on a Q2 basis. The company also announced that founder Sanjeev Bikhchandani will take over as Executive Vice Chairman, Managing Director and Group CEO on December 3, 2026, succeeding the resigning Hitesh Oberoi.