• Naukri AI traction: Naukri's billings grew 17% and candidate services billings rose 35%, propelled by new AI tools for job seekers and Agentic AI offerings for recruiters, whose trials expanded to over 10,000 clients.
• 99acres market share: Billings grew close to 17% and the business neared breakeven with controlled cost increases of 2–3%, while traffic share expanded to nearly 50% in a three-player market.
• Hiring market outlook: Management described the hiring environment as modest overall rather than hot, with hiring demand concentrated primarily in GCCs, AI, machine learning, and data engineering.
• Stake monetization plans: Info Edge has no current plans to offload its stake in Eterna or execute a share buyback.