Info Edge (India) rises on strong Q2 profit, recruitment billings

Info Edge (India)

28/10/2026 06:46

** Shares of Info Edge (India) INED.NS rise nearly 3% to 1,249 rupees 
** Online services operator's September-quarter consolidated net profit increased about 52% from a year ago, consolidated revenue rose 12% Y/Y
** INED says recruitment billings grew by 12.6% Y/Y in Q2, although quarterly growth was affected by the timings of customer contract renewals
** Stock rated "buy" on avg by 20 analysts, median PT of 1,480 rupees - data compiled by LSEG
** Stock down 8.5% YTD
($1 = 95.1150 Indian rupees)

(Reporting by Anushka Rajvedi)
((Anushka.Rajvedi@thomsonreuters.com;))