CONNECT WITH US
Funding Tracker

Funding Tracker

Info Edge posts Rs 822 Cr Q2 FY27 billings

Entrackr logo

Published on

Add as a preferred source on Google
Info Edge posts Rs 822 Cr Q2 FY27 billings

Info Edge, the parent company of Naukri and 99acres, saw its standalone billings rise 12.8% year-on-year to Rs 822.3 crore in Q2 FY27, compared with Rs 729 crore in the same quarter last year, according to the 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 same period last year.

Its recruitment business, which includes Naukri, remained the biggest part of the company’s business. Billings from this segment grew 12.6% to Rs 613.8 crore in Q2 FY27, from Rs 545 crore a year ago. Info Edge said the business would have grown around 14-15% if the impact of customer renewal timings is removed.

99acres also reported strong growth. Its billings increased 21.2% to Rs 148.3 crore from Rs 122.4 crore in Q2 FY26. The growth was also higher than the 16.5% growth reported in the previous quarter.

In the matchmaking business, Jeevansathi’s billings grew 18.4% to Rs 39.7 crore. Aisle, another matchmaking platform owned by Info Edge, saw its billings grow 40%. Together, the matchmaking business grew 23.1% during the quarter.

However, Shiksha remained under pressure, with billings falling 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 also said more customers are using its B2B AI products, AI-Rex and Talent Pulse, with both products seeing growth in new customers and revenue.


Source link
Related Topics:Funding Tracker

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.