Info Edge Stock Jumps 11% on Robust Q1 Business Update

e (India) shares surged over 11% on Tuesday following a strong Q1 business update. The company reported a 14% year-on-year rise in standalone billings for the June quarter, reaching Rs 737 crore. The impressive performance highlights sustained momentum across its key verticals, particularly ***** which continues to benefit from healthy demand in the recruitment market. Strong billings reflect robust cash flow generation and operational efficiency amid a challenging macroeconomic environment. Investors cheered the update, viewing it as a sign of resilience and growth potential in Info Edge’s core businesses. The company is expected to release its detailed quarterly results soon, which will provide further clarity on profitability and future outlook.