IT recovery key for Info Edge as Q2 growth lags on weak hiring trends

Recruitment gains in non-tech, real estate, matrimony cushion impact of weak tech hiring

Hit by a slowdown in information technology (IT) hiring, Info Edge (India)’s results for the July–September quarter (Q2) of 2025-26 (FY26) fell short of brokerage expectations. What helped the online recruitment major offset the weak IT hiring trend was broad-based growth across other sectors.

 

While the company remains cautiously optimistic about a revival in the IT vertical, some brokerages have cut their earnings estimates as well as target prices, citing multiple macro headwinds and limited valuation upside. The stock, currently trading at 65–75x its 2026–27 (FY27) earnings per share (EPS) estimates, has fallen about 11 per cent over the past