Shares of Info Edge, the parent company of Naukri.com, gained nearly 7% in Tuesday’s trading session after the company announced a strong business update for the first quarter of the financial year. The stock touched an intra-day high of ₹1,094 on the National Stock Exchange (NSE), outperforming the broader market, where the Nifty index recorded a marginal gain.
According to the company’s exchange filing, Info Edge’s standalone billings increased 14.4% year-on-year to ₹737 crore in the quarter ended June 2026, compared with ₹644.20 crore in the same period a year earlier.
The company’s Recruitment Solutions business, including domestic and international operations, recorded the strongest performance with 17.5% year-on-year growth, reaching ₹552.70 crore. The 99acres real estate platform grew 16.6%, while Jeevansathi reported a 14.1% rise. However, the Shiksha division witnessed a decline of 22.8%, with revenue falling to ₹34.60 crore.
The positive business update provided a boost to investor sentiment, although the stock has faced pressure in recent months, declining over 20% on a year-to-date basis and more than 25% over the past year.
Meanwhile, Info Edge has announced plans to acquire the remaining 45.36% stake in CodingNinjas for approximately ₹39.91 crore. After completion of the transaction, CodingNinjas will become a wholly owned subsidiary of Info Edge, strengthening the company’s presence in the education technology sector.
