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• 99acres reported a pre-tax loss of INR 591.5 million in FY26 despite growth in operating revenue.
• Revenue growth across property listings and advertising was offset by spending on brand promotion, technology and expansion.
• The performance was disclosed in Info Edge (India) Limited’s FY26 results amid continued investments across digital platform businesses.
99acres reported a loss before tax of INR 591.5 million during FY26 despite growth in operating revenue, according to financial disclosures released by parent company Info Edge (India) Limited as part of its audited annual results announced on 22 May. Advertisement
The online real estate platform remained loss-making during the financial year as spending on advertising, technology infrastructure and business expansion continued to impact profitability. The disclosures formed part of Info Edge’s consolidated FY26 financial statements filed with stock exchanges.
Info Edge reported consolidated revenue from operations of INR 32,847 million for FY26, compared with INR 28,495 million in FY25, while consolidated net profit increased to INR 17,628 million during the period. The company operates digital businesses across recruitment, real estate, matrimony and education segments through platforms including Naukri.com, 99acres, Jeevansathi and Shiksha.
According to the disclosures and related reports, 99acres continued to witness revenue growth from property listings, developer subscriptions and digital advertising during FY26. However, continued investments in customer acquisition, platform visibility and market penetration resulted in elevated operational expenditure.
India’s online real estate marketplace segment has remained highly competitive, with digital property platforms increasing investments in marketing, technology integration and premium listing products to expand user engagement and developer participation. Market participants have also increased focus on data-driven property search tools, lead generation systems and virtual property discovery platforms.
Industry observers stated that online real estate platforms continue to prioritise long-term scale, traffic growth and monetisation expansion over near-term profitability because of increasing competition across digital housing marketplaces.
The FY26 disclosures also highlighted broader expansion across Info Edge’s digital platform ecosystem. Employee benefit expenses for the group rose to INR 13,415 million during the financial year, while advertising and promotional expenditure increased to INR 4,530 million.
Info Edge continued investments in multiple internet-led ventures and subsidiaries during the year, including businesses operating in recruitment technology, education, startup investments and digital consumer services. The company’s audited annexure also stated that several subsidiaries and associated entities remained non-operational and impaired as of 31 March 2026.
The performance of 99acres comes amid sustained activity in India’s residential housing market, where developers and brokers have increasingly shifted marketing, lead generation and customer acquisition strategies towards digital-first platforms. Growth in premium housing launches, secondary market activity and institutional participation has also supported demand for online real estate listing services across major urban markets.
Source- Info Edge Investor Relations
5th Jun, 2025
25th May, 2023
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