Info Edge Q3 Profit Dips 14% to Rs 272 Cr, Billings Remain Steady

• Info Edge (India) Ltd reported a 14% sequential decline in Q3 profit to Rs 272 crore.
• Standalone billings grew 11.8% year-on-year to over Rs 747 crore, driven by recruitment and non-recruitment verticals.
• Core recruitment segment billings grew 11%, with improved revenue growth despite an uncertain hiring environment.
• Non-recruitment businesses (99acres, Jeevansathi, Shiksha) saw combined billings growth of 14.1% year-on-year and became cash positive.
• Operating profit stood at Rs 297 crore with a 38.9% margin, showing improved cost efficiency despite the profit dip.