Info Edge Q1FY27 Results: Recruitment and 99acres Drive Growth as Billings Climb 14.4% YoY

Info Edge Q1FY27 Results: Recruitment and 99acres Drive Growth as Billings Climb 14.4% YoY​

Info Edge (India) Limited reported its Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company highlighted a stronger operational performance in Q1FY27, driven by robust billings growth across core businesses, with recruitment and real estate standing out as key performers.

The company reported standalone revenue from operations of Rs. 824 crore for the quarter ended June 30, 2026, achieving a 12.0% year-on-year (YoY) increase. The operating PBT grew by 33.4% YoY to Rs. 334 crore, resulting in an operating PBT margin of 40.5% of revenue for the quarter. Standalone billings increased by 14.4% YoY, reaching Rs. 737 crore.

Mr. Hitesh Oberoi, Managing Director and Chief Executive Officer, commented that Q1FY27 was a stronger period compared to FY26 trends. He attributed success to improving enterprise hiring activity and the continued adoption of AI-led offerings such as AI-Rex and Talent Pulse within recruitment solutions. Furthermore, he noted that 99acres was progressing toward profitability, while Jeevansathi maintained profitability during the quarter.

Segment Performance Highlights​

The performance across various service verticals showed a positive trend in operational efficiency and market penetration. The company’s reportable operating segments—Recruitment Solutions and 99acres for real estate—demonstrated significant strength.

In Recruitment Solutions, billings grew by 17.5% YoY, with revenue increasing by 13.0% YoY. Operating PBT in this segment saw a 25.4% YoY rise, maintaining a healthy operating PBT margin of 58.3%. The company noted that the growth in Candidate Services Business (B2C) billings was particularly strong, growing 35%, aided by an increasing share of self-serve offerings and expanded online mix usage among candidates.

99acres for real estate saw its billings grow by 16.5% YoY while continuing to strengthen market leadership. The platform reported that property enquiries across all categories grew over 38% YoY, and live listings remained strong, with broker resale and rental listings increasing up 30% YoY.

The financial results of the service segments are detailed in the table below:

Financial and Operational Updates​

The company also noted that the management continues to deepen the use of AI across all businesses. AI products like AI-Rex and Talent Pulse are gaining commercial traction, with AI-Rex paid customers growing to over 400 and Talent Pulse paid users reaching more than 600.

In other financial developments, subsequent to the quarter end, Info Edge acquired the remaining 45.36% non-controlling interest (NCI) stake in Sunrise Mentors Private Limited for a consideration of Rs. 399.99 crore, making Sunrise Mentors a wholly owned subsidiary of the Group.

The consolidated results, reviewed by independent auditors, reflected overall operational performance across the diverse business verticals, which include recruitment solutions, real estate services (99acres), matrimony services (Jeevansathi and Aisle), and education services (Shiksha).

NAUKRI Stock Price Movement​

As of 1:31 PM, shares of Info Edge (India) Limited are edging higher, having gained 4.07% or ₹49.90 to trade at ₹1275.2. The stock has seen significant activity in today's trading session, reporting a volume of 3.13 million shares and remaining within the intraday range of ₹1236.7 to ₹1288.0.