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Info Edge’s Q3 FY25 Billings Reach ₹668.3 Crore

Updated on: Jan 7, 2025, 12:22 PM IST
Info Edge's Q3 FY25 billings rose to ₹668.3 crore. Recruitment, 99acres, and Others segments saw strong growth, with 9M FY25 billings.
Info Edge’s Q3 FY25 Billings Reach ₹668.3 Crore
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Info Edge (India) Limited has announced its quarterly update for the three months and nine months ended December 31, 2024.

Billings Details

The standalone billings for the quarter stood at ₹668.3 crore, reflecting a significant growth compared to ₹576.9 crore during the same period last year. For the nine-month period, billings increased to ₹1,897.9 crore, from ₹1,669.0 crore in the corresponding period of the previous year.

Segment-Wise Performance

  • Recruitment Solutions: It remained the largest contributor, with quarterly billings at ₹494.0 crore, up 15.2% from ₹428.9 crore in Q3 FY24. For the nine-month period, billings grew by 12.7% to ₹1,417.4 crore, compared to ₹1,257.8 crore in the previous year.
  • 99acres (Real Estate): The real estate platform 99acres reported quarterly billings of ₹102.6 crore, marking a growth of 16.1% from ₹88.4 crore in Q3 FY24. Nine-month billings stood at ₹290.9 crore, up 14.5% from ₹254.1 crore in the same period last year.
  • Others: The “Others” segment, which includes platforms like Jeevansathi and Shiksha, recorded billings of ₹71.7 crore for Q3 FY25, up 20.3% from ₹59.6 crore in Q3 FY24. For the nine-month period, the segment’s billings rose to ₹189.6 crore, a 20.7% increase from ₹157.1 crore in FY24.

The strong growth across all segments highlights Info Edge’s leadership in India’s digital ecosystem, driven by sustained demand for its recruitment, real estate, and other verticals.

The company stated that the unaudited figures for the quarter and nine months ended December 31, 2024, are being disclosed in advance of the official financial results announcement for the period. These numbers are subject to review and approval by the Audit Committee, Board of Directors, and Statutory Auditors of the Company.

On January 7, 2025, Info Edge share price (NSE: NAUKRI) opened at ₹8,780.50, down from its previous close of ₹8,815.75. At 10:00 AM, the share price of Naukri was trading at ₹8,501.05, down by 3.57% on the NSE.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 7, 2025, 10:04 AM IST

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