Info Edge Reports Steady Growth in FY27

Info Edge is making strides as the parent company of Naukri, 99acres, Jeevansathi, and Shiksha, announcing a solid beginning to FY27, with standalone billings experiencing a year-on-year increase of 14.4% in the June quarter. The quarterly business update revealed that standalone billings rose to Rs 737 crore in Q1 FY27, compared to Rs 644.2 crore during the same period last year. These unaudited figures were shared prior to the comprehensive quarterly financial results.

Key Performance Metrics for Q1 FY27

The recruitment solutions segment, which prominently features Naukri, remained a vital contributor, generating 75% of overall billings. This segment saw an impressive billings increase of 17.5%, reaching Rs 552.7 crore in Q1 FY27, up from Rs 470.3 crore in the preceding year’s quarter.

Performance of Other Segments

In addition, the real estate vertical, 99acres, apportioned nearly 15% of the total billings, with billings climbing 16.6% to Rs 110.1 crore from Rs 94.4 crore year-on-year. Meanwhile, Jeevansathi accounted for 5.37% of billings, witnessing a 14.1% growth, amounting to Rs 39.6 crore compared to Rs 34.7 crore in Q1 FY26.

Shiksha Reports a Decline

However, Shiksha was the only division to report a downturn, as its billings dropped by 22.8% to Rs 34.6 crore in Q1 FY27 from Rs 44.8 crore during the same quarter last year. Info Edge noted that the numbers released are unaudited and were made public ahead of the more detailed financial results scheduled for Q1 FY27.

Market Reaction and Acquisitions

As of 1:30 PM, shares of Info Edge increased by 12.7%, reaching approximately Rs 1,155, following the announcement of a Rs 39.9 crore acquisition of the remaining 45% stake in Coding Ninjas, which will now fully belong to the company as a wholly owned subsidiary. With the current market valuation, Info Edge has achieved a market capitalisation of Rs 74,967 crore, roughly equivalent to $7.9 billion.