Info Edge shares surge 11% after Q1FY27 billings rise 14% YoY

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Info Edge shares surged 11 percent after Q1FY27 standalone billings rose 14.4 percent year-on-year to Rs 737 crore from Rs 644.2 crore. Recruitment billings grew to Rs 552.7 crore, while 99acres and Jeevansathi also posted steady gains; Shiksha billings declined to Rs 34.6 crore from Rs 44.8 crore. The company also announced the acquisition of edtech platform Coding Ninjas for about Rs 39.91 crore and committed an additional Rs 180 crore to its startup investment fund.