Info Edge Shares Jump on Robust Q1 Performance
Shares of Info Edge (India) Ltd. experienced a significant surge of 13% on Tuesday, reaching Rs 1154, following the announcement of the company's business updates for the first quarter ended June 30, 2026. This strong market reaction comes as the internet-based services firm reported a substantial increase in its standalone billings.
The stock, which closed at Rs 1024.90 on the previous day, saw 5.30 lakh shares change hands, amounting to a turnover of Rs 58.65 crore. The company's market capitalization stood at Rs 74,166 crore. Over the past week, Info Edge shares have climbed 17%, and they have appreciated 30% over the last year.
Strong Growth in Standalone Billings
Info Edge reported a robust 14.44% increase in standalone billings for Q1 FY27, reaching Rs 737 crore, up from Rs 644 crore in the corresponding period last year. This growth highlights the continued demand for its diverse internet services.
Key Segment Performance
- Recruitment Solutions: The largest segment, including popular platforms like Naukri.com, saw billings rise to Rs 552.7 crore in Q1 FY27, compared to Rs 470.3 crore in Q1 FY26.
- 99acres (Real Estate): The real estate portal recorded billings of Rs 110.1 crore in the recent quarter, an increase from Rs 94.4 crore in the June 2025 quarter.
- Jeevansathi (Matrimonial): The matrimonial services business contributed Rs 39.6 crore in billings, up from Rs 34.7 crore in the same quarter last year.
- Shiksha (Education): In contrast to the other segments, the online education business saw a decrease in billings, coming in at Rs 34.6 crore in Q1 FY27, down from Rs 44.8 crore in the June 2025 quarter.
About Info Edge (India) Ltd.
Info Edge (India) Ltd. is a prominent Indian internet company operating a portfolio of online services. Its key verticals include recruitment solutions (Naukri.com, iimjobs.com, hirist.com, ambitionbox.com, bigshyft.com, jobhai.com), real estate services (99acres.com), matrimonial services (jeevansaathi.com), and education services (shiksha.com).
The company's diverse offerings position it as a significant player in India's digital economy, consistently adapting to market demands and expanding its service footprint.