Info Edge Q2 billings rise 12.8% to Rs 822.3 crore
Info Edge (India) reported standalone billings of Rs 822.3 crore for the second quarter, up 12.8 per cent from Rs 729 crore a year ago.
The Naukri parent disclosed the numbers in a stock exchange filing on October 8. For the first half of FY27, billings rose 13.5 per cent to Rs 1,559.3 crore.
The recruitment business grew 12.6 per cent to Rs 613.8 crore, with the company estimating underlying growth of 14-15 per cent after adjusting for renewal timing. Property portal 99acres grew 21.2 per cent to Rs 148.3 crore, while Jeevansathi rose 18.4 per cent. Aisle, another matchmaking platform owned by the company, saw billings jump 40 per cent.
Education portal Shiksha was the weak spot, with billings falling 27.2 per cent to Rs 20.5 crore as AI-driven search tools cut its search traffic. Shares fell about 3 per cent after the announcement.
Context: the company is pushing B2B AI products AI-Rex and Talent Pulse, which are gaining customers and revenue.
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