Shares of Info Edge (India) Ltd. declined sharply on Monday, falling nearly 5% to ₹1,412.50 apiece on the NSE, even after the company posted an 11.2% year-on-year rise in standalone billings for Q1 FY26.
At around 11:30 AM, the stock was down ₹73.90 or 4.97% from its previous close of ₹1,486.40, with a day’s low of ₹1,404.10. Info Edge’s market capitalization stood at approximately ₹913.8 billion, with trading volumes around 1.34 million shares.
Earlier today, Info Edge announced its preliminary standalone billings for the quarter ended June 30, 2025, which grew to ₹644.2 crore from ₹579.4 crore in the same quarter last year. Segment-wise, recruitment solutions rose 9% YoY to ₹470.3 crore, 99acres for real estate jumped 16.5% YoY to ₹94.4 crore, and its ‘Others’ segment grew 18.7% to ₹79.5 crore.
Despite the positive operational metrics, investors appeared to book profits or react cautiously, leading to a sell-off in the stock. Billings, a forward-looking indicator of revenue, showed healthy growth across all major segments but the broader market sentiment weighed on the shares.
The company clarified that these figures are unaudited and subject to approval by the audit committee and board. Full financial results, including profit and revenue, are expected to be announced later.
