Info Edge, the parent company of Naukri, 99acres, Jeevansathi, and Shiksha, reported a steady start to FY27, with its standalone billings rising 14.4% year-on-year during the June quarter. According to the company's quarterly business update, standalone billings increased to Rs 737 crore in Q1 FY27 from Rs 644.2 crore in the corresponding quarter last year. The company released the unaudited numbers ahead of its detailed quarterly financial results. The recruitment solutions segment, which includes its flagship job marketplace Naukri, remained the largest contributor, accounting for 75% of total billings. Billings from the segment rose 17.5% to Rs 552.7 crore in Q1 FY27 from Rs 470.3 crore in the year-ago quarter. The real estate vertical, 99acres contributed nearly 15% of total billings, with billings growing 16.6% to Rs 110.1 crore from Rs 94.4 crore a year earlier. Jeevansathi accounted for 5.37% of billings and posted a 14.1% increase to Rs 39.6 crore, compared to Rs 34.7 crore in Q1 FY26. Shiksha remained the only business to report a decline, with its billings falling 22.8% to Rs 34.6 crore in Q1 FY27 from Rs 44.8 crore in the corresponding quarter last year. Info Edge clarified that the reported figures are unaudited and have been disclosed ahead of its detailed financial results for Q1 FY27. As of 1:30 PM, Info Edge shares surged 12.7% to around Rs 1,155 after the company announced the Rs 39.9 croreacquisitionof the remaining 45% stake in Coding Ninjas, making the edtech platform its wholly owned subsidiary. At the prevailing market price, the company commanded a market capitalization of Rs 74,967 crore (around $7.9 billion). Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
