Info Edge Billings Rise 12.8% to Rs 822.3 Crore in Q2 FY27
Info Edge, the parent company of Naukri and 99acres, reported a 12.8% year-on-year increase in standalone billings to Rs 822.3 crore in Q2 FY27, compared with Rs 729 crore in the same quarter last year, according to stock exchange data.
For the first six months of FY27, Info Edge’s billings grew 13.5% to Rs 1,559.3 crore, from Rs 1,373.2 crore in the corresponding period last year.
Recruitment Business Remains Largest Segment
The company’s recruitment business, which includes Naukri, remained its largest business segment. Billings from the segment increased 12.6% to Rs 613.8 crore in Q2 FY27, compared with Rs 545 crore a year ago.
Info Edge said the recruitment business would have grown around 14-15% if the impact of customer renewal timings were excluded.
99acres Billings Rise 21.2%
Real estate platform 99acres reported a 21.2% increase in billings to Rs 148.3 crore in Q2 FY27, from Rs 122.4 crore in Q2 FY26.
The growth was also higher than the 16.5% growth reported by the platform in the previous quarter.
Matchmaking Business Records Growth
In the matchmaking business, Jeevansathi’s billings grew 18.4% to Rs 39.7 crore during the quarter.
Aisle, another matchmaking platform owned by Info Edge, reported 40% growth in billings.
Together, the matchmaking business recorded 23.1% growth during the quarter.
Shiksha Billings Decline
Shiksha remained under pressure during the quarter, with billings declining 27.2% to Rs 20.5 crore.
Info Edge said AI-powered search is reducing the number of users coming to the platform through search engines. The company is working on new products to reduce its dependence on search traffic.
Info Edge Expands B2B AI Products
Info Edge also said more customers are using its B2B AI products, AI-Rex and Talent Pulse.
Both products recorded growth in new customers and revenue, according to the company.
The share price of Info Edge was trading at Rs 1205.5 as of 10:14 AM, while its total market capitalization stood at Rs 78,400 crore.
FAQs
1. What were Info Edge’s billings in Q2 FY27?
Info Edge’s standalone billings rose 12.8% year-on-year to Rs 822.3 crore in Q2 FY27.
2. How much did Info Edge’s billings grow in the first six months of FY27?
Billings grew 13.5% to Rs 1,559.3 crore in the first six months of FY27.
3. How did Naukri’s recruitment business perform in Q2 FY27?
The recruitment business reported 12.6% growth in billings to Rs 613.8 crore in Q2 FY27.
4. How did 99acres perform during the quarter?
99acres billings increased 21.2% to Rs 148.3 crore in Q2 FY27, from Rs 122.4 crore in Q2 FY26.
5. Why did Shiksha’s billings decline?
Info Edge said AI-powered search is reducing the number of users coming to Shiksha through search engines, affecting its billings.
