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Info Edge Reports 12.8% Increase in Q2 Billings to ₹822 Crore
Info Edge (India) Ltd reported a 12.8% year-on-year increase in standalone billings to ₹822.3 crore for Q2 ending September 30, 2026. The recruitment segment saw a 12.6% rise in billings.
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What Happened?
Info Edge (India) Ltd reported a 12.8% year-on-year increase in standalone billings to ₹822.3 crore for Q2 ending September 30, 2026. The recruitment segment saw a 12.6% rise in billings.
AI Quick Summary
Info Edge's Q2 billings rose 12.8% to ₹822 crore, driven by recruitment and real estate growth.
Key points
- Standalone billings for Q2 FY27 reached ₹822.3 crore, up from ₹729 crore last year.
- Total standalone billings for H1 FY27 grew 13.5% to ₹1,559.3 crore.
- Recruitment solutions segment billings increased by 12.6% to ₹613.8 crore.
- 99acres recorded a 21.2% growth in billings to ₹148.3 crore.
- Jeevansathi's billings grew 18.4% to ₹39.7 crore.
- Shiksha experienced a 27.2% decline in Q2 billings to ₹20.5 crore.
Key insights
- The recruitment segment's growth could indicate a recovering job market.
- 99acres' performance suggests a strong demand in the real estate sector.
- The decline in Shiksha's billings may highlight challenges faced by education platforms due to AI competition.
Why it matters
The growth in billings indicates a positive trend in recruitment and real estate sectors, which could impact job seekers and property buyers.
Tags
Entities
Info Edge· CompanyNaukri.com· Product99acres· ProductJeevansathi· ProductShiksha· ProductIndia· Country
Source
Business Standard
