Billings by 99acres, Info Edge's real estate bookings website, grew 21.2 per cent Y-o-Y in Q2FY27, compared with 16.5 per cent Y-o-Y in Q1FY27
Info Edge reported a 12.8 per cent year-on-year increase in its standalone billings to ₹822.3 crore for the second quarter ended September 30, 2026.
Info Edge (India) Ltd on Thursday reported a 12.8 per cent year-on-year increase in its standalone billings to Rs 822.3 crore for the second quarter ended September 30, 2026. The company, which operates platforms, including Naukri.com and 99acres, had posted standalone billings of Rs 729 crore in the July-September period of the previous fiscal year, according to a regulatory filing. For the first half of the financial year (H1 FY27), total standalone billings grew 13.5 per cent to Rs 1,559.3 crore compared to Rs 1,373.2 crore recorded in the corresponding period of the previous year. Billings from the recruitment solutions segment rose 12.6 per cent to Rs 613.8 crore during the second quarter, up from Rs 545 crore in the year-ago period. "Adjusting for renewal timing differences, management estimates underlying growth in Q2FY27 at approximately 14-15 per cent YoY, against reported growth of 12.6 per cent," the filing said. The real estate vertical, 99acres, recorded a 21.2 per ce
Info Edge (India) Ltd on Monday announced top-level leadership changes, including the appointment of Himanshu Agarwal as its Chief Financial Officer (CFO) and Whole-time Director, and the induction of former Adobe India MD Naresh Chand Gupta as an Independent Director. According to a regulatory filing, Agarwal's appointment is effective from September 17, 2026. Ambarish Raghuvanshi, who had stepped in as Interim CFO in November 2025, will continue to serve as a Finance Advisor and Senior Management Personnel until October 31, 2026, to assist with the transition. The company has also appointed Naresh Chand Gupta as an Additional Director, designated as a Non-Executive Independent Director for a five-year term effective from October 1, 2026. Gupta, who previously served on the Info Edge board until March 2023, is currently a designated partner at Accuracap Technologies and serves on the boards of eClerx Services and NoPaperForms Solutions. He previously served as the Managing Direct
Recruitment billings rose 17.5 per cent year-on-year, while 99acres moved close to breakeven as competitive intensity eased and billings grew 16.5 per cent
Q1FY27 marks a meaningful improvement in Info Edge's growth trajectory, although the sustainability of recruitment volume growth and Shiksha's traffic headwinds remain key monitorables, say analysts.
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Rally has found its wind, but sustained billings growth will keep it on course
Info Edge reported an over 14% growth in Q1 standalone billings, led by strong growth in the recruitment solutions division.
Since 2007, the company has made investments of ₹4,900 crore across 135 startups across sectors
Info Edge said it has invested about ₹4,900 crore across 135 startups since 2020, with an overall portfolio valuation of about ₹41,300 crore, implying an 8.4x multiple and 33 per cent gross IRR
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Post Q4 results, analysts at JM Financial have maintained 'Reduce' rating on Info Edge and cut the target price marginally to ₹1,000 from ₹1,040.
Internet firm Info Edge, which owns Naukri.com, has posted an 11.48 per cent growth in consolidated net profit to Rs 756 crore in the March quarter, driven by recruitment solutions. The company had registered a profit of Rs 678 crore in the same period a year ago, Info Edge said in a filing on Friday. The profit before tax of recruitment solutions of Info Edge grew about 21 per cent to Rs 346.8 crore from Rs 287.4 crore on a year-on-year basis. Employee expenses, the biggest expense component of Info Edge, remained flat during the reported quarter and remained flat on a year-over-year basis. The consolidated revenue from operations grew about Rs 16 per cent to Rs 869 crore during the quarter under review from Rs 749.6 crore in March FY25. Info Edge posted a growth of net profit of Rs 34.5 per cent to Rs 1,763 crore for the year ended March 31, 2026 from Rs 1,310 crore in FY25. The annual revenue from operations of Info Edge increased 15.27 per cent to Rs 3,285 crore in FY26 from
Info Edge reported a revenue from operations of ₹869 crore, up 16 per cent from ₹750 crore in the year-ago period
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