Info Edge Q2 billings rise 12.8% to ₹822 crore, recruitment segment grows

Info Edge (India) Ltd revealed a 12.8% year-on-year rise in billing for the quarter ending September 30, 2026, totaling ₹822.3 crore. The company's shares experienced a 2.91% drop to ₹1,189.60 on the NSE, marking a decline that has persisted for over a year. For the six-month period to September 30, 2026, standalone billings reached ₹1,559.3 crore, marking a 13.5% increase compared to the same period last year.

Info Edge's core Recruitment Solutions segment, under the Naukri brand, reported ₹613.8 crore in billings, growing 12.6% year-on-year. The company highlighted that the reported figure was affected by renewal timing differences, estimating underlying growth of 14-15%. The adoption of B2B AI products, such as AI-Rex and Talent Pulse, continued to expand in both customer sign-ups and revenue contribution.

Among the platforms, 99acres led with a 21.2% increase in billings to ₹148.3 crore, holding a 49% web time-share and 59% app time-share. Jeevansathi's billings grew 18.4%, while Aisle's grew by 40%, contributing to a 23.1% rise in combined matchmaking billings. However, the education portal Shiksha was the only segment to decline, with billings falling 27.2% to ₹20.5 crore.

The company attributed this decline to AI-driven search tools directly answering user queries, leading to reduced traffic referrals. Info Edge acknowledged that this pressure at Shiksha is expected to continue in the near term as the business transitions its model.