Info Edge Ltd, known for its Naukri recruitment platform, reported steady growth in its billings for the second quarter and the first six months of 2026. The company showed strong performance across most business areas, except for the education vertical, Shiksha, which experienced a decline.
- Recruitment vertical billings grew 12.6% year-on-year in Q2.
- Real estate vertical (99acres) billings increased by 21.2% in Q2.
- Matchmaking vertical (Jeevansathi) billings rose 18.4% in Q2.
- Education vertical (Shiksha) billings declined by 27.2% in Q2.
- Shares initially rose 2% but closed down 0.9% after early gains.
How did Naukri's recruitment vertical perform in Q2 2026?
The recruitment solutions vertical, operating under the Naukri brand, posted a 12.6% year-on-year increase in billings for the quarter ending September 2026. Billings reached ₹613 crore, up from ₹545 crore in the same quarter the previous year. For the six-month period, this vertical showed even stronger growth of 14.9%, with billings of ₹1,166 crore compared to ₹1,015 crore last year.
What growth did the real estate vertical achieve?
The real estate vertical, branded as 99acres, experienced the highest growth among all verticals. Billings surged 21.2% year-on-year to ₹148 crore in the quarter ending September 2026, up from ₹122 crore in the same quarter last year. Over six months, billings increased 19.2% to ₹258 crore compared to ₹216 crore previously. The platform maintained a stable share of category traffic, with web time-share at 49% and app time-share at 59% during July and August 2026.
How did the matchmaking vertical perform?
Jeevansathi, the matchmaking vertical, reported an 18.4% year-on-year increase in billings to ₹39 crore for the quarter ended September 2026, up from ₹33.5 crore in the same period last year. For the six-month period, billings rose 16.3% to ₹79 crore compared to ₹68.2 crore previously.
Why did the education vertical see a decline?
The education vertical, operating under the Shiksha brand, saw a 27.2% year-on-year decrease in billings. For the quarter ending September 2026, billings fell to ₹20.5 crore from ₹28.2 crore in the same quarter last year. This was the only vertical to report a decline during this period.
What was the overall billing growth for Info Edge?
At the standalone level, combined billings grew 12.8% year-on-year to ₹822 crore in Q2 2026, compared to ₹729 crore in the same period last year. This reflects a generally positive business performance despite the decline in the education segment.
How did the stock market react to the business update?
Shares of Info Edge Ltd initially rose by 2% in early trading on the day of the announcement, reaching an intraday high of ₹1,253 per share on the NSE. However, the gains were reversed, and the shares closed down 0.9% at ₹1,208 per share. The stock has delivered negative returns of 9.1% year-to-date and 10.9% over the trailing twelve months, trading 34.8% below its record high.
Frequently Asked Questions
Q: Which vertical showed the highest growth in Q2 2026?
A: The real estate vertical, 99acres, showed the highest growth with a 21.2% increase in billings.
Q: Did all verticals report growth?
A: No, all verticals except the education vertical (Shiksha) reported growth in billings.
Q: How did the stock price react after the announcement?
A: Shares initially rose 2% but later fell to close 0.9% lower than the previous close.
