Info Edge delivers strong standalone billing growth of 13% while announcing the major exit of long-time CEO Hitesh Oberoi. The core recruitment business remains steady, and real estate portal 99acres has pivoted to positive cash generation.
Info Edge reported strong Q1FY27 results with standalone revenue up 12% YoY and Operating PBT margins expanding 652Bps. Recruitment led growth, while 99acres and Matchmaking narrowed losses.
Info Edge is aggressively pivoting from a standard job board to an AI-driven recruitment operating system. Strong billings growth in recruitment and narrowing losses in 99acres suggest structural recovery, though Shiksha faces AI-driven search traffic headwinds.
Info Edge reported strong Q4FY26 results with 17.2% YoY revenue growth and substantial 639bps operating margin expansion. Recruitment remains the core engine, while Matchmaking and Real Estate show positive operating profit/cash flow momentum.