loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Nifty India Internet Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Info Edge (India) Ltd. 22 May 2026 14:20 PM

Q4FY26 & FY26 Result Announced for Info Edge (India) Ltd.

Internet & Catalogue Retail company Info Edge (India) announced Q4FY26 & FY26 results

Standalone Financial Highlights:

  • Revenue from Operations:
    • Q4FY26: Rs 8,050.96 million, compared to Rs 7,645.53 million in Q3FY26 (QoQ increase of 5.31%) and Rs 6,870.92 million in Q4FY25 (YoY increase of 17.22%).
    • FY26: Rs 30,520.29 million, compared to Rs 26,536.13 million in FY25 (YoY increase of 15.01%).
  • Total Income:
    • Q4FY26: Rs 8,813.60 million, compared to Rs 8,456.60 million in Q3FY26 (QoQ increase of 4.22%) and Rs 7,654.59 million in Q4FY25 (YoY increase of 15.14%).
    • FY26: Rs 33,874.19 million, compared to Rs 29,673.88 million in FY25 (YoY increase of 14.16%).
  • Net Profit After Tax:
    • Q4FY26: Rs 3,091.34 million, compared to Rs 2,464.57 million in Q3FY26 (QoQ increase of 25.43%) and Rs 2,550.65 million in Q4FY25 (YoY increase of 21.20%).
    • FY26: Rs 55,357.08 million, compared to Rs 7,734.20 million in FY25 (YoY increase of 615.89%).

Consolidated Financial Highlights:

  • Revenue from Operations:
    • Q4FY26: Rs 8,690.05 million, compared to Rs 8,194.14 million in Q3FY26 (QoQ increase of 6.05%) and Rs 7,496.25 million in Q4FY25 (YoY increase of 15.93%).
    • FY26: Rs 32,847.32 million, compared to Rs 28,495.51 million in FY25 (YoY increase of 15.27%).
  • Total Income:
    • Q4FY26: Rs 13,650.35 million, compared to Rs 10,069.50 million in Q3FY26 (QoQ increase of 35.56%) and Rs 12,704.50 million in Q4FY25 (YoY increase of 7.44%).
    • FY26: Rs 43,432.86 million, compared to Rs 39,227.98 million in FY25 (YoY increase of 10.72%).
  • Net Profit for the Period:
    • Q4FY26: Rs 7,557.49 million, compared to Rs 3,167.40 million in Q3FY26 (QoQ increase of 138.60%) and Rs 6,778.92 million in Q4FY25 (YoY increase of 11.48%).
    • FY26: Rs 17,628.42 million, compared to Rs 13,099.01 million in FY25 (YoY increase of 34.58%).

Business Highlights:

  • Dividend: The Board has recommended a final dividend of Rs 3.60 per equity share (on a face value of Rs 2/- each) for FY26, subject to shareholder approval at the 31st AGM.
  • AGM: The 31st Annual General Meeting is scheduled for Tuesday, August 25, 2026, to be held via Video Conferencing/Other Audio-Visual Means.
  • Operational Performance:
    • The Company reported standalone operating profit margins of 40.1% for Q4FY26, reflecting a year-over-year improvement of 639 bps.
    • Recruitment business billings grew 9.5% YoY in Q4FY26.
    • 99acres saw continued market share gains, with live new project listings growing 28% YoY in Q4.
    • Jeevansathi continued to generate cash from operations in Q4FY26.
  • Investments: The company holds 21 active financial investments in its portfolio of technology-based startups with a total carrying value of Rs 781 crore. Notable investments include Eternal (12.43% shareholding) and PB Fintech (12.12% shareholding).
  • Strategic Investments: The company holds strategic investments in Aisle, Zwayam, Axilly Labs, Terralytics, Sunrise Mentors, and NoPaperForms Solutions.

Hitesh Oberoi, Managing Director & Chief Executive Officer, said: “FY26 was a steady year. Topline grew at a measured pace, and operating margins improved through the year, especially in the Recruitment business. 99acres and Jeevansathi continued to gain market share and strengthen their market positions. We also made significant progress in deploying AI across our businesses, deepening its usage in matching, recommendations, and developing new AI-native products and features, improving the value we deliver to users and customers.”

Ambarish Raghuvanshi, CFO, said: “FY26 saw steady improvement across key financial metrics. Revenue grew by 15%, and operating profit by 17% for the Standalone business. Cash generated from operations (pre-tax) from the Recruitment business was Rs 1,513 crore, and our non-recruitment businesses on a combined basis were also cash profitable for the full year.”

Result PDF

Travel Support Services company LE Travenues Technology announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Income: For Q4FY26, the total income was Rs 3,268.15 million, reflecting a QoQ decrease of 2.77% (from Rs 3,361.14 million in Q3FY26) and a YoY increase of 12.66% (from Rs 2,900.79 million in Q4FY25). For FY26, total income stood at Rs 12,753.46 million compared to Rs 9,322.66 million in FY25, representing a YoY increase of 36.80%.
  • Revenue from Operations: For Q4FY26, revenue stood at Rs 3,080.49 million, down 3.65% QoQ (from Rs 3,197.04 million in Q3FY26) but up 8.42% YoY (from Rs 2,841.37 million in Q4FY25). For FY26, revenue was Rs 12,280.39 million, marking a YoY increase of 34.32% from Rs 9,142.46 million in FY25.
  • Net Profit: For Q4FY26, net profit was Rs 320.50 million, showing a QoQ growth of 33.81% (from Rs 239.51 million in Q3FY26) and a YoY growth of 91.10% (from Rs 167.71 million in Q4FY25). For FY26, net profit reached Rs 714.81 million compared to Rs 602.52 million in FY25, an increase of 18.64%.

Standalone Financial Highlights:

  • Total Income: For Q4FY26, standalone total income was Rs 3,178.85 million, a decrease of 4.11% QoQ (from Rs 3,315.07 million in Q3FY26) but an increase of 10.61% YoY (from Rs 2,873.83 million in Q4FY25). For FY26, total income was Rs 12,546.66 million, up 35.11% YoY compared to Rs 9,286.04 million in FY25.
  • Revenue from Operations: For Q4FY26, standalone revenue was Rs 2,990.07 million, reflecting a QoQ decrease of 5.18% (from Rs 3,153.52 million in Q3FY26) and a YoY increase of 6.23% (from Rs 2,814.67 million in Q4FY25). For FY26, revenue from operations reached Rs 12,075.07 million, marking a YoY increase of 32.60% from Rs 9,106.20 million in FY25.
  • Net Profit: For Q4FY26, standalone net profit was Rs 374.24 million, representing a QoQ growth of 36.98% (from Rs 273.20 million in Q3FY26) and a YoY growth of 86.01% (from Rs 201.19 million in Q4FY25). For FY26, standalone net profit was Rs 962.11 million compared to Rs 634.50 million in FY25, an increase of 51.63%.

Business Highlights:

  • Segment Performance:
    • Flight: FY26 revenue reached Rs 3,906.78 million, up from Rs 2,533.93 million in FY25.
    • Train: FY26 revenue stood at Rs 5,112.57 million, up from Rs 4,569.02 million in FY25.
    • Bus: FY26 revenue was Rs 2,979.95 million, up from Rs 1,969.24 million in FY25.
    • Others: FY26 revenue reached Rs 281.09 million, up from Rs 70.27 million in FY25.
  • International Expansion & Acquisitions:
    • The Company incorporated a wholly-owned subsidiary, IXIGO PTE. LTD., in Singapore on December 18, 2025.
    • IXIGO PTE. LTD. entered into an agreement on February 13, 2026, to acquire a 60% stake in Online Travel Solutions, S.L. ("Trenes") for a cash consideration of USD 11.70 million. Trenes became a subsidiary of the group with effect from February 25, 2026.
  • Employee Stock Options: The Board approved the allotment of 485,584 fully paid-up equity shares (face value Rs 1/- each) following the exercise of stock options under various ESOP schemes (2012, 2013, 2016, 2020, 2021, and 2024). Consequently, the paid-up share capital increased to Rs 438,669,111/-.
  • Statutory Impact: The group recognized an incremental impact of Rs 27.96 million as an "Exceptional Item" in FY26 due to the notification of new Labour Codes, which resulted in an increase in gratuity and leave liabilities.
  • IPO Proceeds: The company utilized Rs 1,111.08 million of its net IPO proceeds by March 31, 2026, primarily for funding working capital requirements, cloud infrastructure, and funding inorganic growth.
  • Preferential Allotment: During FY26, the company completed a preferential issue of 4,62,70,092 equity shares at Rs 280 per share, aggregating to Rs 12,955.63 million. Of this, Rs 5,547.70 million was utilized by March 31, 2026, for organic and inorganic growth opportunities and working capital requirements.

Aloke Bajpai, Group CEO, ixigo & Rajnish Kumar, Group Co-CEO, said: “In FY26 we achieved 34% revenue growth and 28% Adj. EBITDA growth YoY. Q4 maintained our growth trajectory with market-share gains, despite the high base-effect of MahaKumbh last year and the current Middle-East crisis. The next phase of our journey is all about reinventing our org as well as customer experience, by putting AI at the core. ixigo NEXT is just a sneak peek of the agentic AI capabilities we’re working on.”

Saurabh Devendra Singh, Group CFO, ixigo, said: “FY26 demonstrated the advantage of having a diversified business supported by resilient growth engines. Even in Q4 FY26, despite a high base effect, we delivered a resilient performance. For me, the biggest highlight of the year was our operating discipline and cash conversion.“

Result PDF

Internet Software & Services company Seshaasai Technologies announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Revenue from operations for Q4FY26 stood at Rs 4,041.76 million, recording a growth of 8.1% on a QoQ basis and 9.6% on a YoY basis compared to Rs 3,737.45 million in Q3FY26 and Rs 3,688.27 million in Q4FY25.
  • For the full year FY26, Revenue from Operations was Rs 14,411.35 million, a marginal decline of 1.5% compared to Rs 14,631.51 million in FY25.
  • EBITDA for Q4FY26 was Rs 1,244.95 million, representing a growth of 22.8% on a YoY basis, with an EBITDA margin of 30.8% (up 330 bps YoY).
  • EBITDA for the full year FY26 stood at Rs 3,940.89 million, with an EBITDA margin of 27.4%, an improvement of 204 bps over FY25.
  • Profit After Tax (PAT) for Q4FY26 stood at Rs 817.87 million, a growth of 29.9% on a YoY basis compared to Rs 629.75 million in Q4FY25. The PAT margin for the quarter was 20.2%.
  • Profit After Tax (PAT) for the full year FY26 was Rs 2,400.1 million, with a PAT margin of 16.7%.
  • The Board of Directors has recommended a final dividend of Rs 2.50 per share (25%) on a face value of Rs 10 per share for FY26.
  • Basic Earnings Per Share (EPS) for Q4FY26 was Rs 5.06, and for FY26, it stood at Rs 15.45.

Standalone Financial Highlights:

  • Revenue from operations for Q4FY26 was Rs 4,041.01 million compared to Rs 3,687.37 million in Q4FY25.
  • For the full year FY26, Standalone Revenue from Operations was Rs 14,405.58 million compared to Rs 14,622.08 million in FY25.
  • Profit for Q4FY26 was Rs 825.62 million, increasing from Rs 631.41 million in Q4FY25 and Rs 666.13 million in Q3FY26.
  • Profit for the full year FY26 stood at Rs 2,437.35 million compared to Rs 2,222.10 million in FY25.
  • Total Comprehensive Income for the full year FY26 was Rs 2,439.43 million.

Business Highlights:

  • Vertical Performance:
    • Payment Solutions: Contributed approximately 48.0% of the total revenues.
    • Communication & Fulfilment Solutions: Contributed 40% of the total revenues.
    • IoT Solutions: Contributed approximately 12% of the total revenues.
  • Segment Information: The Company has only a single business segment, namely Security & variable data Printing.
  • Customer Concentration: The top 10 customers contributed 62.8% of the total revenues in Q4FY26.
  • Corporate Developments: The Company completed its Initial Public Offering (IPO) and the equity shares were listed on BSE and NSE on September 30, 2025.
  • Exceptional Items: Consolidated financial results for FY26 include an incremental impact of Rs 2.51 million related to Employee Benefit Obligations following the notification of the New Labour Codes.
  • Subsidiary Acquisition: Atoll Solutions Private Limited became a subsidiary effective from July 11, 2025.

Pragnyat Lalwani, Managing Director, Seshaasai Technologies, said:

“We are pleased to report a strong Q4FY26 performance, marked by healthy revenue growth and improved profitability. The quarter saw broad-based momentum across our verticals, with nonpayments segments emerging as growth drivers and contributing to a more balanced and resilient mix.

Our continued investments in capabilities, solution expansion, and customer engagement are beginning to translate into stronger operating leverage and scalable growth. This positions us well to capture emerging opportunities while maintaining consistency in performance.

Reflecting our commitment to shareholder returns, the Board has proposed a final dividend of Rs 2.5 per share for FY26.

While we remain cautiously optimistic of the evolving macroeconomic environment, we are focused on sustaining growth momentum and building a resilient, future-ready, and well diversified business.”

Pavan Kumar, Chief Financial Officer, Seshaasai Technologies, said:

“We are happy to report steady financial performance for Q4FY26 with healthy revenue growth of 9.6% YoY, reflecting continued business momentum. EBITDA for the quarter stood at Rs 1,244.95 million, an increase of 27.9% YoY with an EBITDA margin of 30.8%, supported by operating efficiencies and disciplined execution. The stronger contribution from high performing segments supported overall profitability.

We will continue to maintain this discipline, with a focus on sustaining margins, strengthening cash flows, and supporting our growth priorities through efficient financial management.”

Result PDF

Travel Support Services company Thomas Cook (India) announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

  • Revenue from Operations for Q4FY26 stood at Rs 17,707 million, representing a 10% decrease YoY compared to Rs 19,689 million in Q4FY25 and a 17.48% decrease QoQ compared to Rs 21,457 million in Q3FY26.
  • Total Income from Operations for Q4FY26 was Rs 18,055 million, a decline of 11% YoY from Rs 20,220 million and a 17.43% decline QoQ from Rs 21,866 million in Q3FY26.
  • EBITDA for the quarter was Rs 1,131 million, down 25% YoY from Rs 1,514 million and down 27.22% QoQ from Rs 1,554 million.
  • Profit Before Tax (PBT) for Q4FY26 was Rs 461 million, showing a 48% decrease YoY compared to Rs 884 million and a 22.65% decrease QoQ from Rs 596 million in Q3FY26.
  • Reported Profit After Tax (PAT) stood at Rs 307 million for Q4FY26, a 54% decrease YoY compared to Rs 660 million in Q4FY25 and a 32.53% decrease QoQ compared to Rs 455 million in Q3FY26.
  • Earnings Per Share (EPS) for the quarter was Rs 0.83, compared to Rs 1.39 in Q4FY25 and Rs 1.39 in Q3FY26.

FY26 Consolidated Financial Highlights:

  • Total Income for FY26 grew by 3.3% YoY to Rs 85,578 million, up from Rs 82,845 million in FY25.
  • Revenue from Operations reached Rs 83,982 million in FY26, a growth of 3% YoY from Rs 81,396 million.
  • EBITDA for the full year was Rs 5,871 million, representing a 6% decrease compared to Rs 6,217 million in FY25.
  • Reported PAT for FY26 was Rs 2,205 million, a 15% decrease from Rs 2,584 million in FY25.
  • Annual EPS stood at Rs 4.70 in FY26 compared to Rs 5.46 in FY25.

Business Highlights:

Segment-wise Performance:

  • Travel & Related Services: This segment recorded a revenue of Rs 67,025 million for FY26, a growth of 3.6% YoY. EBIT for the segment was Rs 2,218 million, down 10.8% YoY.
    • B2B business accounted for approximately 73% of the total travel revenue, while B2C (Leisure Holidays) contributed 27%.
    • Leisure Travel launched Bhutan charter flights and Kailash Mansarovar holidays (after a 5-year gap).
  • Financial Services (Forex): Revenue stood at Rs 3,261 million for FY26, a marginal decrease of 0.5% YoY. However, Q4FY26 revenue grew by 3% YoY to Rs 813 million.
    • EBIT margin reached 45.8% for FY26.
    • Forex prepaid card users exceeded 1.2 million, with a float on card of approximately Rs 16 billion in FY26.
    • Digital adoption rate for Forex moved to 22.8% in Q4FY26.
  • Leisure Hospitality & Resorts (Sterling Holiday Resorts): Revenue grew by 6.6% YoY to Rs 5,336 million in FY26. Segment EBIT was Rs 1,292 million, remaining stable YoY.
    • Sterling delivered 25 consecutive profitable quarters.
    • Network expanded to 78 resorts across 61 cities as of March 31, 2026.
    • Occupancy stood at 61% in Q4FY26 with an Average Room Rate (ARR) of Rs 5,952.
  • Digital Imaging Solutions (DEI): Segment revenue was Rs 8,360 million in FY26, a slight decline of 0.8% YoY.
    • EBIT for the year was Rs 110 million, down 59.1% from Rs 268 million in FY25, impacted by geopolitical tensions and the temporary suspension of operations in the UAE.

Mahesh Iyer, Managing Director & CEO Thomas Cook (India), said: FY 2026 was marked by significant geopolitical disruptions at both the start and close of the FY, effectively truncating the sales & operating period from 12 to less than 9 months. Despite this challenging environment, characterised by airspace disruptions, elevated costs, and significant negative currency volatility, the Thomas Cook India Group has delivered a good performance with consolidated Income for FY 2026 growing by 3% to Rs 85,578 million.

Looking ahead, while the environment remains uncertain, we are cautiously optimistic that the peace will endure. Our focus will remain on prudent fiscal management & leveraging technology for increased productivity - to deliver sustainable growth & value to our stakeholders.”

Result PDF

Internet Software & Services company Nazara Technologies announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

  • Revenue from Operations for Q4FY26 stood at Rs 39,778 lakh, showing a decrease of 2.02% QoQ from Rs 40,597 lakh in Q3FY26 and a decrease of 23.53% YoY compared to Rs 52,020 lakh in Q4FY25.
  • Total Income for the quarter was Rs 44,847 lakh, representing an increase of 7.47% QoQ from Rs 41,731 lakh in Q3FY26 and a decrease of 16.78% YoY from Rs 53,891 lakh in Q4FY25.
  • Net Profit (PAT) for Q4FY26 was Rs 5,570 lakh, marking a growth of 530.09% QoQ from Rs 884 lakh in Q3FY26 and an increase of 1,268.55% YoY compared to Rs 407 lakh in Q4FY25.

FY26 Consolidated Financial Highlights:

  • Revenue from Operations for FY26 reached Rs 1,82,898 lakh, growing by 12.63% YoY from Rs 1,62,391 lakh in FY25.
  • Total Income for the full year stood at Rs 3,07,256 lakh, an increase of 79.11% over Rs 1,71,544 lakh in FY25. This includes an exceptional gain of Rs 1,09,846 lakh on account of desubsidiarisation of its erstwhile subsidiary Nodwin.
  • Net Profit (PAT) for FY26 was Rs 8,194 lakh, representing a growth of 60.79% YoY compared to Rs 5,096 lakh in FY25.

Q4FY26 Standalone Financial Highlights:

  • Revenue from Operations for Q4FY26 was Rs 1,844 lakh, an increase of 8.09% QoQ from Rs 1,706 lakh in Q3FY26 and an increase of 45.43% YoY from Rs 1,268 lakh in Q4FY25.
  • Net Profit (PAT) for the quarter stood at Rs 391 lakh, a significant growth of 750% QoQ from Rs 46 lakh in Q3FY26, but a slight decline of 3.22% YoY from Rs 404 lakh in Q4FY25.

FY26 Standalone Financial Highlights:

  • Revenue from Operations for FY26 reached Rs 7,384 lakh, showing a YoY growth of 114.53% over Rs 3,442 lakh in FY25.
  • Net Profit/(Loss) for FY26 was a Loss of Rs 93,497 lakh, as against a Net Profit of Rs 2,804 lakh in FY25. This loss is primarily due to an exceptional impairment charge of Rs 98,979 lakh on investments.

Business Highlights:

  • Segment-wise Revenue Performance:
    • Gaming: Recorded revenue of Rs 1,07,224 lakh compared to Rs 51,817 lakh in FY25.
    • eSports: Recorded revenue of Rs 30,736 lakh compared to Rs 76,342 lakh in FY25.
    • Ad tech: Recorded revenue of Rs 45,448 lakh compared to Rs 34,557 lakh in FY25.
  • Exceptional Items and Impairments: The company recognized an impairment loss of Rs 91,470 lakh (Consolidated) and Rs 98,894 lakh (Standalone) on its investment in associate company, Moonshine Technology Private Limited. This was due to the prohibition of online money games following the enactment of the Promotion and Regulation of Online Gaming Act, 2025.
  • Strategic Acquisitions: The Board granted in-principle approval to acquire controlling stakes in Social Gaming Platforms Bluetile and BestPlay for a total consideration of USD 100.3 million (approximately Rs 91,800 lakh).
  • Withdrawal of Merger: The Board approved the withdrawal of the Scheme of Amalgamation of Paper Boat Apps Private Limited with Nazara Technologies Limited due to changes in the company's restructuring plans.
  • Fund Raising: The Board approved the issuance of up to 1,92,31,000 Warrants on a preferential basis, aggregating up to Rs 50,001 lakh.
  • Board Changes: Mr. Vikash Mittersain was re-designated as ‘Founding Chairman’ and Non-Executive Non-Independent Director effective from June 01, 2026. Mr. Nitish Mittersain was promoted to Managing Director and CEO.
  • Auditor Appointment: M/s. MAKK & CO., Chartered Accountants, were appointed as Internal Auditors for FY7.

Nitish Mittersain, Joint MD & CEO, Nazara Technologies, said: "FY26 was a pivotal year for Nazara. We delivered our highest-ever EBITDA at INR 255 crores, with EBITDA growing 66% year-on-year and Q4 EBITDA margins reaching 19.5%. Nazara today operates at a materially different scale than it did 12 months ago. The scale, quality and earnings capacity of the platform have expanded significantly. Operating leverage is real, and it is compounding. The years ahead are about scaling this platform globally."

Result PDF

Internet & Catalogue Retail company Swiggy announced Q4FY26 & FY26 results

Consolidated Financial Highlights

  • Total Income (Q4FY26): Stood at Rs 6,649 crore, representing a significant growth of 46.74% YoY compared to Rs 4,531 crore in Q4FY25 and an increase of 6.49% QoQ from Rs 6,244 crore in Q3FY26.
  • Revenue from Operations (Q4FY26): Increased to Rs 6,383 crore, up 44.74% YoY from Rs 4,410 crore and 3.82% QoQ from Rs 6,148 crore.
  • Net Loss (Q4FY26): Narrowed to Rs 800 crore from a loss of Rs 1,081 crore in Q4FY25 and a loss of Rs 1,065 crore in Q3FY26.
  • Annual Performance (FY26): Consolidated total income for the full year reached Rs 23,561 crore, up 50.81% YoY from Rs 15,623 crore in FY25.
  • Annual Revenue (FY26): Revenue from operations for the full year was Rs 23,053 crore, a growth of 51.40% YoY compared to Rs 15,227 crore in FY25.
  • Annual Net Loss (FY26): Widened to Rs 4,154 crore for the full year, compared to a loss of Rs 3,117 crore in FY25.

Standalone Financial Highlights

  • Total Income (Q4FY26): Stood at Rs 2,495 crore, up 34.14% YoY from Rs 1,860 crore in Q4FY25 and 10.35% QoQ from Rs 2,261 crore in Q3FY26.
  • Revenue from Operations (Q4FY26): Reported at Rs 2,194 crore, reflecting a growth of 28.23% YoY from Rs 1,711 crore and a slight increase of 1.90% QoQ from Rs 2,153 crore.
  • Net Loss (Q4FY26): Stood at Rs 652 crore, narrowing from a loss of Rs 927 crore in Q4FY25 and a loss of Rs 896 crore in Q3FY26.
  • Annual Performance (FY26): Standalone total income for the full year was Rs 8,887 crore, up 22.33% YoY compared to Rs 7,265 crore in FY25.
  • Annual Revenue (FY26): Revenue from operations for the full year grew by 23.86% to Rs 8,258 crore from Rs 6,667 crore in FY25.

Business Highlights

  • Food Delivery Business: Achievement of a 15-quarter high with Gross Order Value (GOV) growth of 22.6% YoY, reaching Rs 9,005 crore in Q4FY26. Adjusted EBITDA for this segment reached Rs 297 crore in the quarter.
  • Quick Commerce (Instamart): GOV grew 68.8% YoY to reach Rs 7,881 crore in Q4FY26. The network expanded to 1,143 stores across 129 cities. Average order value (AOV) increased 32.8% YoY to Rs 700.
  • Out-of-Home Consumption (OOH): Delivered its first full year of profitability in FY26, with 43% YoY GOV growth and Adjusted EBITDA margins at 0.8% of GOV.
  • Platform Metrics: Platform Monthly Transacting Users (MTUs) grew 27.2% YoY to 25.2 million. Annual Transacting Users reached 8.4 million, representing a 24% YoY growth.
  • InstaHelp Performance: Delivered 2.7 million orders and Rs 40 crore in NTV during Q4FY26, up from Rs 28 crore NTV in Q3FY26.
  • International Markets: UAE and Singapore operations saw NTV growth of 84% YoY in Q4FY26.
  • Segment-wise Performance (FY26 Revenue and Result):
    • Food Delivery: Revenue of Rs 7,832 crore and segment profit of Rs 1,041 crore.
    • Quick Commerce: Revenue of Rs 3,859 crore and segment loss of Rs 3,063 crore.
    • Supply Chain and Distribution: Revenue of Rs 10,935 crore and segment loss of Rs 77 crore.
    • Out of Home Consumption: Revenue of Rs 375 crore and segment profit of Rs 29 crore.
    • Platform Innovations: Revenue of Rs 52 crore and segment loss of Rs 195 crore.

Sriharsha Majety, MD & Group CEO, Swiggy. said : "Food delivery has grown at its strongest pace in nearly four years, crossing Rs 1,000 crore in annual adjusted EBITDA and defying scepticism around a sector slowdown, with meaningfully better margins than a year ago. Out of home continues to be a profitable and growing part of the business,"

"In quick commerce, the next phase will be defined by anticipating consumer needs, not merely fulfilling them. Unit economics continue to improve quarter on quarter, and we remain on track for contribution margin breakeven in line with our guidance. The strong balance sheet gives us room to be disciplined and deliberate as we enter FY27."

Result PDF

Special Consumer Services company Urban Company announced Q4FY26 & FY26 results

Consolidated Financial Highlights

  • Total Income (Q4FY26): Stood at Rs 462.30 crore, representing a growth of 39.92% YoY compared to Rs 330.41 crore in Q4FY25 and an increase of 10.39% QoQ from Rs 418.78 crore in Q3FY26.
  • Revenue from Operations (Q4FY26): Increased 42.59% YoY to Rs 425.56 crore from Rs 298.45 crore in Q4FY25. On a QoQ basis, it grew 11.21% from Rs 382.68 crore in Q3FY26.
  • Net Profit / (Loss) (Q4FY26): The company reported a net loss of Rs 161.16 crore, compared to a loss of Rs 2.84 crore in Q4FY25 and a loss of Rs 21.26 crore in Q3FY26.
  • Net Total Value (NTV) (Q4FY26): Grew 42% YoY to Rs 1,148 crore, which is the highest in 15 quarters.
  • Adjusted EBITDA Loss (Q4FY26): Reported at Rs (98) crore.
  • Adjusted EBITDA (Ex-InstaHelp) (Q4FY26): Stood at Rs 22 crore, with margins improving by 160 bps.
  • Annual Total Income (FY26): Reached Rs 1,692.23 crore, a growth of 34.23% YoY from Rs 1,260.68 crore in FY25.
  • Annual Revenue from Operations (FY26): Stood at Rs 1,555.54 crore, up 35.92% YoY from Rs 1,144.47 crore in FY25.
  • Annual Net Profit / (Loss) (FY26): Reported a net loss of Rs 234.81 crore, compared to a profit of Rs 239.76 crore in FY25.
  • Annual NTV (FY26): Grew 31% YoY to Rs 4,290 crore.
  • Annual Adjusted EBITDA (Ex-InstaHelp) (FY26): Stood at Rs 106 crore, representing a 9-fold increase from last year.

Standalone Financial Highlights

  • Total Income (Q4FY26): Stood at Rs 322.93 crore, an increase of 35.76% YoY from Rs 237.87 crore in Q4FY25 and a 6.85% QoQ increase from Rs 302.24 crore in Q3FY26.
  • Revenue from Operations (Q4FY26): Grew 38.97% YoY to Rs 281.72 crore from Rs 202.72 crore in Q4FY25 and 7.82% QoQ from Rs 261.28 crore in Q3FY26.
  • Net Profit / (Loss) (Q4FY26): Reported a net loss of Rs 155.74 crore, compared to a profit of Rs 5.08 crore in Q4FY25 and a loss of Rs 15.35 crore in Q3FY26.
  • Annual Total Income (FY26): Reached Rs 1,235.46 crore, up 35.72% YoY from Rs 910.31 crore in FY25.
  • Annual Revenue from Operations (FY26): Stood at Rs 1,081.22 crore, a 38.16% YoY increase from Rs 782.57 crore in FY25.
  • Annual Net Profit / (Loss) (FY26): Reported a net loss of Rs 195.37 crore, compared to a profit of Rs 290.02 crore in FY25.

Business Highlights

  • Order Milestone: The company achieved 10 million orders in a quarter for the first time ever in Q4FY26.
  • User Base: Annual Transacting Users reached 8.4 million in FY26, representing a growth of 24% YoY.
  • InstaHelp Performance: Delivered 2.7 million orders and Rs 40 crore NTV in Q4FY26, up from 1.6 million orders and Rs 28 crore NTV in Q3FY26. March alone crossed 1.1 million orders.
  • International Performance: UAE and Singapore operations saw NTV growth of 84% YoY in Q4FY26.
  • Native Business: Native NTV grew 67% YoY and its Revenue grew 75% YoY in Q4FY26.
  • Segment-wise Performance (Annual Revenue from external customers FY26):
    • India Consumer Services (Excluding InstaHelp): Rs 1,086.62 crore (Service: Rs 864.57 crore; Products: Rs 222.05 crore).
    • Native: Rs 266.95 crore.
    • International Business: Rs 184.59 crore.
    • InstaHelp: Rs 17.38 crore.
  • Service Partner Earnings: Average monthly net earnings in-hand reached Rs 28,322 for all active service professionals (ex. InstaHelp), while the top 5% of service professionals earned Rs 51,673.

Result PDF

Internet & Catalogue Retail company CarTrade Tech announced Q4FY26 & FY26 results

Q4FY26 Financial Highlights:

  • Total Income of Rs 220.75 crore in Q4FY26, resulting in YoY growth of 17%.
  • EBITDA of Rs 71.65 crore in Q4FY26, resulting in YoY growth of 55% and margin of 35%.
  • Profit after tax for the quarter is at Rs 70.85 crore, resulting in YoY growth of 54%.

FY26 Financial Highlights:

  • Total Income of Rs 869.77 crore in FY26, resulting in YoY growth of 22%.
  • EBITDA of Rs 257.00 crore in FY26, resulting in YoY growth of 70% and margin of 33%.
  • Profit after tax for the FY26 is at Rs 243.51 crore, resulting in YoY growth of 68%.

Business Highlights:

  • CarTrade Tech Delivers its highest ever Revenues and robust profits across each of its businesses:
    • Consumer Group growth: Revenue 25% YoY | EBITDA 72% YoY | EBITDA margin of 39%.
    • Remarketing Business growth: Revenue 22% YoY | EBITDA 56% YoY | EBITDA margin of 31%.
    • OLX India growth: Revenue 16% YoY | EBITDA 34% YoY | EBITDA margin of 33%.
  • Operational Highlights:
    • The Company engaged ~76 million average monthly unique visitors during Q4FY26, with organic traffic accounting for 95%, reflecting its strong brand equity and content leadership.
    • CarTrade Tech now operates across more than 540 physical locations, including Shriram Automall, CarWale abSure and Signature dealerships, and OLX India franchise outlets, further enhancing its nationwide presence and enhancing nationwide reach and customer access.
    • Its flagship digital platforms - CarWale, BikeWale, and OLX India, each cater to more than 150 million annual unique visitors, underscoring the scale and depth of engagement across the ecosystem.
    • The remarketing business delivered an annualized run-rate of 1.7 million auction listings, reaffirming its leadership position in the vehicle remarketing space.

Vinay Sanghi, Chairman & Founder, CarTrade Tech, said: “FY26 has been a landmark year for CarTrade Tech, with the Company delivering its highest-ever revenues, profits and margins, driven by strong execution and operating leverage across all our businesses. Revenue for the year grew 22% to Rs 870 crore, while PAT increased 68% to Rs 244 crore. EBITDA margins for FY26 reached an all-time high.

Our businesses continue to benefit from strong consumer engagement, category leadership, deep dealer relationships and a predominantly organic traffic model. As we look ahead, we remain focused on building AI-led products and future-ready technology platforms that enhance customer experience, improve efficiencies and further strengthen our market leadership across the mobility and classifieds ecosystem.”

Result PDF

Internet Software & Services company One97 Communications announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Revenue from operations for Q4FY26 stood at Rs 2,264 crore, reflecting a QoQ increase of 3.19% from Rs 2,194 crore in Q3FY26 and a YoY increase of 18.41% compared to Rs 1,912 crore in Q4FY25.
  • Total income for the quarter ended March 31, 2026, was Rs 2,442 crore, up 1.50% QoQ from Rs 2,406 crore and up 14.38% YoY from Rs 2,135 crore.
  • The company reported a net profit of Rs 183 crore for Q4FY26, compared to a profit of Rs 225 crore in Q3FY26 (a QoQ decline of 18.67%) and a net loss of Rs 545 crore in Q4FY25.
  • For the full financial year FY26, revenue from operations reached Rs 8,437 crore, representing a growth of 22.28% compared to Rs 6,900 crore in FY25.
  • Total income for FY26 stood at Rs 9,291 crore, an increase of 21.85% YoY from Rs 7,625 crore in FY25.
  • The consolidated net profit for FY26 was Rs 552 crore, marking a significant recovery from the net loss of Rs 663 crore reported in FY25.
  • Basic Earnings Per Share (EPS) for Q4FY26 was Rs 2.87, while the annual EPS for FY26 stood at Rs 8.66.

Standalone Financial Highlights:

  • Revenue from operations for Q4FY26 was Rs 1,005 crore, a decrease of 35.29% QoQ from Rs 1,553 crore in Q3FY26 and a decrease of 37.15% YoY from Rs 1,599 crore in Q4FY25.
  • Total income for the quarter stood at Rs 1,135 crore, down 33.78% QoQ from Rs 1,714 crore and down 36.20% YoY from Rs 1,779 crore.
  • Standalone net profit for Q4FY26 was Rs 119 crore, compared to Rs 145 crore in Q3FY26 and a net loss of Rs 581 crore in Q4FY25.
  • For the full year FY26, standalone revenue from operations was Rs 5,825 crore, up 5.81% from Rs 5,505 crore in FY25.
  • Full year standalone net profit for FY26 was Rs 67 crore, compared to a net loss of Rs 789 crore in FY25.

Business Highlights

  • Segment Performance: The group is engaged in various business units including payment, financial services, and marketing services. However, the management has concluded that the group constitutes a single segment as per Ind AS 108 'Operating Segments', and therefore no separate segment disclosure is provided.
  • Paytm Payments Bank Limited (PPBL) License: On April 24, 2026, the RBI cancelled the banking license of PPBL, an associate company. Shareholders of PPBL approved resolutions for its winding up on April 25, 2026. The company stated it has no exposure to PPBL and does not maintain material business arrangements or service partnerships with it. The investment in PPBL was already fully impaired as of March 31, 2024.
  • FEMA Compounding: During Q4FY26, the RBI compounded matters involving an aggregate value of approximately Rs 33 crore for the company. Previously, matters valued at Rs 21 crore were compounded till December 2025. The company is taking steps to resolve a Show Cause Notice from the Directorate of Enforcement alleging contraventions of FEMA provisions totaling approximately Rs 611 crore.
  • Transfer of Offline Merchant Business: Effective November 30, 2025, the company transferred its offline merchant business to its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL), on a slump sale basis for a consideration of Rs 975 crore.
  • Exceptional Items FY26: Exceptional losses for FY26 included impairment of investments in associates of Rs 5 crore, impairment of optionally convertible debentures of Rs 12 crore, and a loan impairment of Rs 190 crore given to a joint venture.
  • IPO Proceeds: As of March 31, 2026, out of the net IPO proceeds of Rs 8,119 crore, the company has utilised Rs 6,133 crore, while Rs 1,986 crore remains un-utilised and is invested in fixed deposits and monitoring agency accounts.
  • Board Changes: The Board approved the re-appointment of Mr. Ashit Ranjit Lilani as a Non-Executive Independent Director for a second consecutive term of five years, starting July 05, 2026.

Result PDF

Internet Software & Services company PB Fintech announced Q4FY26 & FY26 results

FY26 Consolidated Financial Highlights::

  • Total Revenue: Consolidated Operating Revenue grew by 37% YoY to Rs 6,794 crore in FY26, up from Rs 4,977 crore in FY25.
  • Total Income: Consolidated Total Income reached Rs 7,16,645 lakh in FY26 compared to Rs 5,38,502 lakh in FY25.
  • Profit After Tax (PAT): Consolidated PAT for FY26 grew by 115% YoY to Rs 670 crore (Rs 67,013 lakh) from Rs 311 crore (Rs 35,207 lakh) in FY25 (excluding exceptional items).
  • Profit Margin: PAT margin improved significantly from 6% in FY25 to 10% in FY26.
  • Adjusted EBITDA: Full year Adjusted EBITDA improved by 118% YoY to Rs 725 crore from Rs 332 crore in FY25.
  • Earnings Per Share (EPS): Basic EPS for the year stood at Rs 14.58 compared to Rs 7.75 in FY25, marking a growth of 88%.

Q4FY26 Consolidated Financial Highlights::

  • Operating Revenue: Stood at Rs 2,061 crore (Rs 2,06,133 lakh) in Q4FY26, representing a YoY growth of 37% from Rs 1,508 crore (Rs 1,50,787 lakh) and a QoQ growth of 16% from Rs 1,771 crore (Rs 1,77,115 lakh).
  • Total Income: For Q4FY26, total income was Rs 2,16,564 lakh, a YoY increase of 34.6% from Rs 1,60,898 lakh and a QoQ increase of 16.7% from Rs 1,85,600 lakh.
  • Profit After Tax (PAT): PAT for Q4FY26 grew 54% YoY to Rs 261 crore (Rs 26,116 lakh) from Rs 170 crore (Rs 16,974 lakh) and grew 37.9% QoQ from Rs 189 crore (Rs 18,943 lakh).
  • Adjusted EBITDA: Improved by 89% YoY to Rs 280 crore in Q4FY26 from Rs 148 crore in Q4FY25.

Standalone Financial Highlights::

  • Total Income: For the full year FY26, standalone total income was Rs 42,171 lakh compared to Rs 41,201 lakh in FY25.
  • Revenue from Operations: Annual standalone revenue grew to Rs 20,837 lakh in FY26 from Rs 15,344 lakh in FY25.
  • Profit After Tax (PAT): Standalone PAT for FY26 stood at Rs 4,144 lakh compared to Rs 1,253 lakh in FY25.
  • Quarterly PAT: For Q4FY26, standalone PAT reached Rs 1,778 lakh, showing a turnaround from a loss of Rs 1,671 lakh in Q4FY25, and a QoQ growth of 12.9% from Rs 1,575 lakh in Q3FY26.

Business Highlights

  • Insurance Premium Scale: Total Insurance Premium for the full year reached Rs 29,934 crore, up 42% YoY. Q4FY26 premium grew 46% YoY to Rs 9,217 crore.
  • Lending Disbursal Scale: Total Lending disbursal for FY26 reached Rs 30,740 crore, up 50% YoY. Q4FY26 core online lending disbursal grew 11% QoQ.
  • Core Insurance Renewal: Renewal/trail revenue on a 12-month rolling basis stood at Rs 935 crore, a 40% YoY growth. The quarterly core insurance renewal revenue is at an ARR of Rs 1,126 crore, up from Rs 689 crore in Q4 last year.
  • Consumer Reach: Policybazaar has 145.7 million registered consumers till date, with 26.4 million transacting consumers. Paisabazaar has 58.5 million credit score consumers.
  • UAE Business: The UAE Insurance premium grew 54% YoY in FY26. This business is profitable for the full year for the first time in FY26.
  • Segment-wise Performance:
    • Insurance Broker Services: Revenue grew 41.7% YoY to Rs 6,08,928 lakh in FY26 from Rs 4,29,798 lakh. Segment result improved to Rs 86,076 lakh in FY26.
    • Other Services: Revenue stood at Rs 70,474 lakh in FY26 compared to Rs 67,923 lakh in FY25.
  • New Initiatives: PB Partners, the agent aggregator platform, Consolidated its leadership with over 450k advisors and is present in 19k pin codes, covering 99% of pin codes in India.
  • Investment: The Board authorized an investment of up to Rs 5 crore in PB Marketing and Consulting Private Limited to meet net worth criteria for a stockbroking license.

Management Commentary:

  • Our Total Insurance Premium for the full year was Rs 29,934 crore, up 42% YoY, led by growth in core online new protection business at 57% YoY (new Health insurance up 68% YoY). Quarterly Insurance Premium was at Rs 9,217 crore, up 46% YoY again led by growth in core online new protection business at 67% YoY.
  • FY26 Consolidated operating revenue grew 37% YoY to Rs 6,794 crore (Core Insurance revenue up 41% YoY); Quarterly Consolidated Operating Revenue grew 37% to Rs 2,061 crore (Q4FY26 Core Insurance revenue up 48% YoY; Q4FY26 Core credit revenue, up 7% YoY).
  • Our core renewal / trail revenue on a 12-month rolling basis is at Rs 935 crore, up from Rs 668 crore last year same quarter, a 40% growth led by growth of 55% in the insurance segment. The quarterly core insurance renewal revenue is at an ARR of Rs 1126 crore, up from Rs 689 crore Q4 last year (growth of 63% YoY). This is a key driver of long-term profit growth.
  • Growth accelerated for Q4FY26 Core New Insurance Premium (net of Savings business) at 59% YoY. Core New Insurance Premium (Including Savings) grew 48% YoY for the quarter. Excluding Savings category, we have been growing between 34% to 59% for the last 12 quarters.
  • We continue to improve our customer onboarding & claims support services and Insurance CSAT is consistent above 90%.
  • Our credit revenue for the quarter is Rs 123 crore, up 7% YoY and disbursal is at Rs 2,630 crore, up 11% YoY for the core online business.

We continue to strengthen our leadership in New initiatives in FY26 with full year revenue growth of 43% YoY, adjusted EBITDA margin improving from -9% to -4% for the year, with 5% contribution margin.

  • PB Partners, our agent aggregator platform, consolidated its leadership & accelerated growth momentum with over 450k advisors.
    • We have moved the business increasingly towards smaller and higher quality advisors.
    • Most diversified across different lines of businesses.
    • Present in 19k pin codes across India, covering 99% of pin codes in India – driving growth in Tier 4 & 5 towns.
  • FY26 UAE Insurance premium grew 54% YoY & aligning more towards health & life insurance, similar to our India business. We have unique value proposition of cross-border health insurance products & Claims assurance program for motor insurance. This business is profitable for the full year for the first time in FY26.

Our consolidated FY26 PAT for PB Fintech grew 115% YoY to Rs 670 crore (PAT margin grew from 6% in FY25 to 10% in FY26). This is 2.2% of the insurance premium. Quarterly PAT grew 54% to Rs 261 crore.

To summarize our performance since our public listing in Nov 2021:

  • Revenue grew at a CAGR of 48% from Rs 1,425 crore in FY22 to Rs 6,794 crore in FY26.
  • PAT margin grew from -58% in FY22 to 10% in FY26.

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Get it on google Play Store Download on the App Store
market app