Summary:
Info Edge shares gained nearly 5% after the company reported a 14.4% year-on-year rise in Q1 FY27 standalone billings, led by strong growth in its recruitment and real estate businesses. The company also strengthened its AI strategy with higher planned investments and completed the acquisition of Coding Ninjas. The positive business update helped extend the stock's recent rally despite its year-to-date decline.
Shares of Info Edge India rose by almost 4.34% in intraday trading on Wednesday, July 8, on the back of impressive performance recorded in its business operations in June quarter (Q1 FY27). The company, which owns websites like Naukri.com, 99acres, Jeevansathi, and Shiksha, reported double digit growth in standalone billings for the period.
Shares of the company hit an intraday high of ₹1,217.80 on the National Stock Exchange (NSE), gaining almost 5%. At about 11:35 PM, the stock was trading at ₹1,194., up 3.02%.
Standalone billings of the company grew 14.41% YoY to ₹737 crore in Q1 FY27 from ₹644.2 crore in the corresponding quarter of the previous fiscal year.
Recruitment Business Leads Growth
The business solutions for recruitment, which included Naukri.com, accounted for Info Edge’s maximum share of growth. The billings for recruitment saw an increase of 17.5% YoY to ₹552.7 crore in Q1 FY27 from ₹470.3 crore in Q1 FY26.
The robust performance can be attributed to the sustained demand for recruitment services and active hiring. This recruitment business continues to be the main driver of growth for the company as well as contributes significantly to billings.
The real estate platform of the company 99acres has also seen healthy growth with its billings increasing 16.6% YoY to ₹110.1 crore compared to ₹94.4 crore in the previous year corresponding quarter.
The billings of Jeevansathi have seen an increase of 14.2% YoY to ₹39.6 crore in Q1 FY27 from ₹34.7 crore in Q1 FY26. Nevertheless, the only lagging segment in the portfolio of Info Edge continues to be the Shiksha segment where billings fell from ₹44.8 crore to ₹34.6 crore in Q1 FY27.
The Q1 FY27 business update is pending the review and approval of the audit committee of the company.
Info Edge Expands AI Investments
There have been increased investments by Info Edge in the areas of artificial intelligence (AI) and technological platforms. Info Edge made known that it has spent almost ₹70 crore in AI investments in FY26 and is planning to spend another ₹150 crore in FY27.
There has also been an expansion of Naukri's AI-based hiring platform through partnerships with firms like AI-Rex and Talent Pulse, among others.
Furthermore, Info Edge revealed that it had acquired a 45.36% stake in Sunrise Mentors Pvt. Ltd., that owns CodingNinjas, at ₹39.9 crore. Upon the completion of the acquisition process, CodingNinjas will be a wholly-owned subsidiary of Info Edge.
Share Price Performance
Despite the positive momentum seen in the recent past, shares of Info Edge have been under heavy selling pressure in 2026. The stock has fallen by more than 15% from the start of the year and is down 14.1% YTD, while the Nifty 50 is up by 2.81%.
The reason behind this surge in demand for the stock was the recent business update. The stock has surged 17.8% in the last week and 16.52% in the last one month, whereas the Nifty 50 has gained 1.33% and 3.67%, respectively.
At its 52-week high point, Info Edge shares were trading at ₹1,537.20 on June 25, 2026, and the 52-week low was ₹908.30, which occurred on May 25, 2025. As of May 22, 2026, the market capitalisation of the company stood at ₹62,102 crore.
