Info Edge Share Price Jumps Nearly 4% Post Zomato Q1 Results Surge

Market Performance

Info Edge share price witnessed a notable surge of nearly 4% in Tuesday's trading session. The stock opened at ₹1,397.55 on the BSE, hitting an intraday high of ₹1,465 per share. The upswing was linked to the performance of Eternal (formerly Zomato), which declared its Q1 FY26 financial results a day prior.

This jump follows Eternal’s strong operational performance, which positively influenced market sentiment around Info Edge, considering its significant equity holding.

Main News

Info Edge holds a 12.38% stake in Eternal, equivalent to over 119 crore shares. Eternal’s Q1FY26 results sparked optimism in the markets, indirectly benefiting its early investor, Info Edge India Ltd.

Eternal shares surged to an all-time high, largely due to strong revenue growth and business momentum in the quick commerce and food delivery segments. This rally had a positive spillover effect on Info Edge, leading to a sharp increase in its stock price.

Company Details

Info Edge India Ltd, known for operating Naukri.com, has a history of investing early in promising internet ventures. It first invested in Eternal back in August 2010, contributing ₹4.7 crore for an 18.5% stake during the seed round.

By the time of Eternal’s IPO in 2021, Info Edge’s stake had grown to nearly 19%, and it also participated in the public issue. Though the stake has slightly reduced, the company continues to benefit from Eternal’s performance.

Eternal Q1 FY26 Financials

Revenue

• Eternal posted ₹7,167 crore in revenue from operations for Q1FY26.
• This marks a 70.4% increase compared to ₹4,206 crore in Q1FY25.

Net Profit

• Net profit witnessed a sharp decline of 90% to ₹25 crore in Q1FY26.
• It was ₹253 crore in the same quarter last year.

Adjusted EBITDA

• The consolidated adjusted EBITDA stood at ₹172 crore, down 42% YoY.
• The decline was attributed to continuous investments in growth verticals.

EBITDA Margins

• The food delivery Adjusted EBITDA margin improved to 5.0%, up from 3.9% YoY.

Business Metrics

• Eternal’s B2C segment achieved a Net Order Value (NOV) of ₹20,183 crore,
  showing a 55% YoY growth and 16% QoQ rise.
• For the first time, quick commerce NOV surpassed food delivery NOV in a full quarter.

Summary of the Article

• Info Edge share price rose nearly 4% following Eternal's Q1FY26 earnings release.
• Eternal’s revenue jumped over 70% YoY, despite a 90% drop in net profit.
• Info Edge benefits as a significant stakeholder with over 12.38% ownership in Eternal.
• Market participants reacted to the surge in Eternal’s quick commerce growth and revenue base.