Info Edge billings rise 12.8% as 99acres posts 21.2% growth
In short
Info Edge said its Q2FY27 billings rose 12.8%. The real estate platform 99acres was the standout, with billings up 21.2% to ₹148.3 crore.
Shiksha was a drag, and the stock fell 3%. The report does not give more detail on what happened inside the education segment.
What the reporting says
Info Edge reported Q2FY27 billing growth of 12.8%, while 99acres was the standout performer with billings up 21.2% to ₹148.3 crore. The available reporting also says Shiksha dragged performance and the stock fell 3%, but no further segment numbers are provided. The immediate market reaction was negative, even though the real estate platform was stronger.
Why it matters
Info Edge reported Q2FY27 billing growth of 12.8%, with 99acres billings rising 21.2% to ₹148.3 crore. The publisher-supplied summary says Shiksha dragged results and the stock fell 3%. That suggests investors focused on weakness in one part of the business despite strong real estate platform growth, but the available reporting does not provide the full segment split or full earnings context.