Naukri.com and 99acres Lead Momentum as Parent Info Edge Reports Strong Quarterly Performance
Shares of Info Edge (India) Ltd, the parent company of Naukri.com, rose nearly 5 percent on April 8, trading at ₹6,684 apiece during the afternoon session, after the company reported a 19% year-on-year (YoY) increase in standalone billings for the fourth quarter of FY25. The upbeat billing numbers were seen as a positive indicator of business momentum in both the recruitment and real estate verticals, despite macroeconomic headwinds impacting the broader tech and hiring sectors.
In a stock exchange filing, Info Edge disclosed that Q4FY25 standalone billings reached ₹983.8 crore, compared to ₹826.9 crore during the corresponding quarter in FY24. On a full-year basis, FY25 standalone billings stood at ₹2,881.7 crore, registering a healthy 15.4% growth over FY24 billings of ₹2,495.9 crore.
Q4FY25 billings at ₹983.8 crore vs ₹826.9 crore YoY
FY25 billings rise 15.4% YoY to ₹2,881.7 crore
Recruitment solutions billing: ₹740.3 crore (+18% YoY)
99acres billing: ₹159.8 crore (+22% YoY)
Recruitment Arm Naukri.com Continues to Dominate; 99acres Shows Robust Recovery
Info Edge’s recruitment solutions business, largely anchored by Naukri.com, remained the primary contributor to revenues. For Q4FY25, this segment alone delivered billings of ₹740.3 crore, up 18% YoY, reflecting resilience in hiring demand from key industry sectors such as IT services, BFSI, and manufacturing. Analysts suggest the return of mid-level hiring and sustained SME onboarding may have aided volume and yield growth for the platform.
Meanwhile, 99acres.com, the real estate classifieds arm, saw an impressive 22% YoY growth in billings to ₹159.8 crore during Q4. This growth came on the back of a sustained recovery in India’s residential real estate sector, especially in Tier I and Tier II cities. Strong demand for mid-income and luxury housing, combined with increased ad spend by developers, has driven growth for real estate digital platforms.
Naukri.com sees stable traction in mid-level hiring
99acres benefits from strong real estate demand in Tier I/II markets
Increased developer marketing spend supports classified ad growth
Stock Split Announcement to Boost Liquidity and Retail Participation
Adding to the investor enthusiasm, Info Edge also reminded markets of its previously announced stock split in the ratio of 1:5, which was approved by the board in February 2025. The company noted that the split is intended to enhance share liquidity and attract retail investors, as the current high price point per share has limited broader retail participation.
The company has stated that the share split will likely be completed within two months from the date of shareholder and regulatory approvals. This move comes amid a broader trend among high-priced technology and platform stocks seeking to democratize shareholding and improve float.
Stock split ratio: 1:5 announced in February 2025
Objective: improve liquidity and encourage retail participation
Split expected to complete within two months of final approvals
Despite Bounce, Stock Remains Below 2025 Highs
Even with the strong Q4 update and a sharp intraday rise, Info Edge shares remain down over 24% year-to-date, having declined from their 52-week high of ₹9,128.9 hit on January 6. The broader market correction in tech and internet stocks, combined with muted revenue visibility in certain early-stage investments, has weighed on investor sentiment in recent months.
Shares have also declined over 2% in the last five trading sessions, indicating caution among investors ahead of full earnings disclosures and clarity on monetization plans for non-core verticals such as Jeevansathi and Shiksha.
Stock down 24% YTD despite Q4 gains
Trading far below 52-week high of ₹9,128.9
Cautious sentiment persists over early-stage ventures and investments
