- Info Edge shares rose nearly 12% after reporting strong Q1 FY27 standalone billings growth
- Standalone billings increased 14.41% year-on-year to Rs 737 crore in the April-June quarter
- Recruitment solutions and 99acres showed double-digit growth, while Shiksha saw a decline
Shares of Info Edge rose nearly 12% in intraday trade on Tuesday after the company reported double-digit growth in standalone billings across most of its businesses for the first quarter of FY27, ahead of its financial results. The stock outperformed the broader market, while the Nifty 50 traded 0.08% higher.
Info Edge was trading at Rs 1,146.9 apiece on the NSE, up Rs 121.7, at around 1 p.m. The stock opened at Rs 1,032, compared with its previous close of Rs 1,025.15.
The company said its business update for the April-June quarter remains subject to review and approval by the audit committee. Investors are awaiting the company's financial results for the period.
Q1 FY27 Billings Rise Across Key Businesses
Info Edge reported standalone billings of Rs 737 crore for the quarter ended June 30, 2026, an increase of 14.41% from a year earlier.
Recruitment solutions, including Naukri.com, contributed Rs 552.7 crore in billings, compared with Rs 470.3 crore in the corresponding quarter last year, reflecting a 17.5% year-on-year increase.
The company's real estate platform, 99acres, reported billings of Rs 110.1 crore, up from Rs 94.4 crore a year earlier, marking growth of 16.6%.
Jeevansathi recorded billings of Rs 39.6 crore, compared with Rs 34.7 crore in the year-ago period, an increase of 14.2%.
Shiksha was the only business to report a decline. Its billings fell to Rs 34.6 crore from Rs 44.8 crore in the corresponding quarter last fiscal.
ALSO READ: Info Edge Bets Big On AI, Deep Tech; Rs 1,003 Crore Deployed Across 54 Startups Since 2020
CodingNinjas acquisition and AI investment
In a separate exchange filing dated July 6, Info Edge said it will acquire the remaining 45.36% stake in Sunrise Mentors Pvt. Ltd., which operates CodingNinjas, for Rs 39.9 crore. After the transaction is completed, CodingNinjas will become a wholly owned subsidiary of the company.
Separately, Naukri announced the wider rollout of its AI-powered recruitment platform in association with AI-Rex, Talent Pulse and others to expand its AI offerings for job seekers.
Info Edge said, "the company has invested close to Rs 70 crore in AI during FY26, and is planning to invest another Rs 150 crore in FY27."
Also Read: Info Edge Bets Big On AI, Deep Tech; Rs 1,003 Crore Deployed Across 54 Startups Since 2020
Share Price Performance
Info Edge shares have gained 17.8% over the past week and 16.52% over the past month. During the same periods, the Nifty 50 advanced 1.33% and 3.67%, respectively.
Despite the recent rally, the stock remains down 14.1% since the start of 2026, while the Nifty 50 has gained 2.81%. Over the past year, Info Edge shares have declined 19.5%, compared with a 6.06% rise in the benchmark index.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.