Info Edge’s share price rises following its Q1 FY27 business update, with multiple outlets reporting double-digit year-on-year growth in standalone billings. NDTV and Business Line state that standalone billings for the quarter ended June 30, 2026 reach ₹737 crore, up 14.41% from ₹644.2 crore in the year-ago period. Business Standard similarly highlights that standalone billings grow by more than 14% and points to strength in the recruitment solutions division as a key driver. The Economic Times reports that brokerages respond positively to the update, with firms including Nomura and Goldman Sachs issuing bullish outlooks and raising target prices, contributing to the stock’s rapid rise over the days following the results announcement. Economic Times also notes a sharp rally in the stock across a short period and links it to the company’s reported performance in recruitment and related segments. Across sources, the common takeaway is that Info Edge’s Q1 billing performance is higher than in the previous year and market expectations improve immediately after the update.
Info Edge shares rise after Q1 update shows 14% standalone billings growth
Info Edge’s share price rises following its Q1 FY27 business update, with multiple outlets reporting double-digit year-on-year growth in standalone billings. NDTV and Business Line state that standalo...
- Info Edge reports Q1 standalone billings of ₹737 crore for the quarter ended June 30, 2026.
- Standalone billings increase by about 14% year-on-year (from ₹644.2 crore in the prior-year quarter).
- Growth is led by the recruitment solutions division.
- Shares rise on the back of the Q1 update, with gains reported in the range of roughly 7% to 19% across different outlets.
- Brokerages including Nomura and Goldman Sachs issue bullish calls and raise target prices after the update.
Info Edge shares surged significantly after releasing its Q1 FY27 business update. The company reported a 14% increase in standalone billings for the quarter. Brokerages like Nomura and Goldman Sachs issued bullish calls and raised target prices. Naukri and 99acres showed strong billings growth during this period. This positive performance led to a substantial rise in Info Edge's market capitalization.
1 month agoThe company's standalone billings stood at ₹644.2 crore in the corresponding quarter of the previous year
1 month agoInfo Edge reported standalone billings of Rs 737 crore for the quarter ended June 30, 2026, an increase of 14.41% from a year earlier.
1 month agoInfo Edge reported an over 14% growth in Q1 standalone billings, led by strong growth in the recruitment solutions division.
1 month ago
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