Naukri.com parent Info Edge shares jump 5% as firm reports 19% YoY growth in overall billing in Q4

Info Edge

Shares of Info Edge, the parent company of job search platform Naukri.com, surged nearly 5 percent on April 8 after the company reported a 19 percent rise in standalone billings during the January-March quarter of financial year 2025. The shares of the company were trading 4.5 percent higher at Rs 6,684 apiece in the afternoon.

In an exchange filing, Info Edge reported standalone billings at Rs 983.8 crore in Q4FY25, higher than the Rs 826.9 crore reported in Q4FY24. For the entire financial year 2025, the company reported standalone billings at Rs 2,881.7 crore. This marks a rise of over 15 percent from the Rs 2,495.9 crore billings reported in the previous financial year.

The Sanjeev Bikhchandani-led company further said that its recruitment solutions saw billings rise over 18 percent YoY to Rs 740.3 crore, while its arm 99acres saw billings jump nearly 22 percent YoY to Rs 159.8 crore during the reported quarter.

Despite today's gains, the shares of the company have so far fallen over 2 percent in the last 5 days. So far in 2025, the stock has plunged nearly 24 percent. It is currently significantly lower than its 52-week high of Rs 9,128.9 apiece, which it had hit on January 6.

Earlier in February, Info Edge's board had approved a stock split in the ratio of 1:5. The purpose of the share split is to "enhance the liquidity of Company's equity shares and to encourage participation of retail investors by making equity shares of the Company more affordable", the company had said. The split will be completed 'tentatively' within two months from the date of approval of shareholders and any regulatory approvals as required, it had further informed exchanges.