Info Edge (India) Limited has informed the Exchange about Transcript of Earnings Conference Call on financial results for the Quarter ended June 30, 2025
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Info Edge reported Q1 FY26 standalone billings of Rs.644 crore (+11% YoY) and revenue of Rs.736 crore (+15% YoY), with operating profit of Rs.250 crore (+10%) at 34% margin. Recruitment billings growth moderated to 9% from the mid-to-high teens seen earlier, as clients deferred contracts in the second half of the quarter due to macro uncertainty (geopolitical tensions, tariff worries) and softness in IT services, BPM, BFSI, and infrastructure. However, GCCs, healthcare, retail, and manufacturing continued double-digit growth, and July showed recovery with 19% collection growth and ~13-14% billing growth. The company holds a strong cash balance of Rs.4,828 crore. Jeevansathi achieved operating break-even with 36% billings growth, 99acres grew 17% in billings, and Shiksha delivered operating profit despite AI-related headwinds to its content business.
Mixed near-term outlook: recruitment growth has clearly decelerated and management is cautious on forward visibility, which may pressure the stock. However, strong cash reserves (Rs.4,828 cr) and continued investments in AI, 99acres, and Jeevansathi support long-term growth, while management hinted at sequential margin improvement if top-line normalizes.