Info Edge (India) Limited , a leading online classifieds company, reported its financial results for the first quarter of fiscal year 2026, showing mixed performance across its business segments. The company faced headwinds in its core recruitment business while non-recruitment verticals demonstrated improved traction.

Key Financial Highlights

• Standalone billings grew by 11% year-on-year (YoY) to Rs. 644.00 crores
• Revenue increased by 15% YoY to Rs. 736.00 crores
• Operating profit rose by 10% YoY to Rs. 250.00 crores, with margins at 34%
• Cash and cash equivalents stood at Rs. 4,828.00 crores as of June 30, 2025

Recruitment Business Performance

The recruitment segment, which generates the majority of Info Edge's revenue, experienced a moderation in growth:

• Billings growth slowed to 9% YoY, reaching Rs. 470.00 crores
• Revenue grew by 15% YoY to Rs. 542.00 crores
• Operating profit improved by 12% YoY to Rs. 284.00 crores, with margins at 53%

The company attributed the slowdown to macroeconomic uncertainties and sector-specific challenges. IT services, BPM, BFSI, and infrastructure segments saw low single-digit growth. However, Global Capability Centers (GCCs), technology companies, retail, healthcare, and manufacturing continued to post double-digit growth.

Non-Recruitment Businesses Show Promise

Info Edge's non-recruitment verticals demonstrated improved performance:

• 99acres (real estate) billings grew by 17% YoY
• Jeevansathi (matrimony) achieved breakeven with 36% billings growth
• Shiksha (education) maintained profitability

Marketing Expenses and Strategy

The company increased marketing expenses across its businesses as part of its market share expansion strategy. This includes:

• IPL-related branding campaigns
• Efforts to strengthen the job seeker database in emerging cities and non-IT segments
• Increased investments in smaller businesses such as IIMJobs, Naukri Gulf, and Job Hai

Management Commentary

Hitesh Oberoi, Co-Promoter and Managing Director, noted that July showed better performance with 19% collection growth and 13% billing growth in recruitment. However, he expressed caution about future quarters given macroeconomic uncertainty.

AI Initiatives

Info Edge is actively leveraging artificial intelligence across its platforms to enhance user experience and operational efficiency. Key focus areas include:

1. Improving search quality and user personalization
2. Developing AI-powered features for better engagement
3. Creating new AI-driven products and monetization levers
4. Enhancing internal operational efficiency

Outlook

While the company remains cautiously optimistic about growth momentum in the coming quarters, it acknowledges the uncertain environment. Info Edge plans to continue investing in long-term growth initiatives, leveraging its strong cash position to respond to competitive dynamics and evaluate opportunities for sustainable shareholder value creation.

As the recruitment market faces challenges, Info Edge's diversification strategy and investments in AI and emerging businesses may help offset headwinds in its core segment. Investors will be watching closely to see how the company navigates the evolving macroeconomic landscape in the coming quarters.

Info Edge (India) Ltd. , a prominent player in the Indian internet and technology sector, recently completed a significant block trade on the National Stock Exchange (NSE). The transaction, valued at Rs. 96.15 crore, marks a notable development in the company's trading activity.

Transaction Details

The block trade involved approximately 716,966 shares of Info Edge, which were traded at a price of Rs. 1,341.00 per share. This substantial transaction underscores the continued interest in Info Edge's stock among institutional investors and large traders.

Market Impact

Block trades of this magnitude often attract attention in the financial markets as they can indicate shifts in institutional holdings or strategic moves by large investors. While the specific parties involved in this transaction have not been disclosed, such trades can sometimes provide insights into market sentiment surrounding the stock.

About Info Edge (India) Ltd.

Info Edge is well-known for its diverse portfolio of internet-based businesses. The company operates popular platforms such as Naukri.com, 99acres.com, and Jeevansathi.com, among others. Info Edge has also made strategic investments in various startups, positioning itself as a key player in India's digital ecosystem.

This block trade comes at a time when the technology and internet sectors continue to evolve rapidly in India. As one of the country's leading online classifieds companies, Info Edge's stock movements are closely watched by investors and market analysts alike.

Investors and market participants will likely keep a close eye on any potential impact this block trade might have on Info Edge's stock price and trading volume in the coming days.