Info Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-year to Rs 490 crore. Recruitment billings grew 17.5%, while operating profit rose 25%. Nomura, Nuvama and Motilal Oswal retained their respective ratings, with Nomura and Nuvama maintaining Buy calls and raising target prices.

Info Edge reported a 6% YoY decline in Q1 standalone net profit to Rs 245 crore, impacted by a Rs 72.1 crore exceptional loss. However, revenue rose 12% to Rs 824 crore, while…

Info Edge reported a strong June quarter with a 43% net profit increase. Enterprise hiring and 99acres momentum significantly boosted core business performance. Recruitment…