Shares of Info Edge (India) Ltd. experienced a notable surge on Tuesday, climbing 13% after the company released its business updates for the quarter ending June 30, 2026. The stock closed at Rs 1154, up from its previous close of Rs 1024.90, pushing the firm's market capitalization to Rs 74,166 crore.
The positive market reaction was fueled by strong standalone billings, which grew 14.44% year-over-year to Rs 737 crore for the quarter, compared to Rs 644 crore in the same period last year. This performance contributed to a 17% rise in the stock over the past week and a 30% gain over the last year.
Key Business Segment Performance
The company's diverse internet-based services showed varied performance across its four main verticals:
- Recruitment Solutions: This segment, which includes platforms like Naukri.com and iimjobs.com, was a significant growth driver. Billings rose to Rs 552.7 crore in Q1 2026, up from Rs 470.3 crore in the corresponding quarter of 2025.
- Real Estate Services: The 99acres.com platform also saw healthy growth, with billings reaching Rs 110.1 crore, an increase from Rs 94.4 crore in the June 2025 quarter.
- Matrimonial Services: Jeevansathi.com contributed Rs 39.6 crore in billings for the quarter, improving from Rs 34.7 crore in the prior year period.
- Education Services: Shiksha.com was the only segment to report a decline in billings, falling to Rs 34.6 crore from Rs 44.8 crore in the June 2025 quarter.
Info Edge is a prominent player in India's internet services sector, operating several well-known web portals and mobile applications across recruitment, real estate, matrimonial, and education domains.