Analysts/Institutional Investor Meet/Con. Call Updates

Date: August 14, 2026 1. The Manager- Listing National Stock Exchange of India Limited (Scrip Symbol: NAUKRI) 2. The Manager- Listing BSE Limited (Scrip Code: 532777) Dear Sir/Madam, Subject: Transcript of Earnings Conference Call on financial results for the quarter ended June 30, 2026 In furtherance to our letter dated August 10, 2026 and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform that the transcript of Earnings Conference call on the Financial Results for the quarter ended June 30, 2026, held on Monday, August 10, 2026 at 5:00 pm IST, post declaration of results, is enclosed herewith. The copy of the transcript is also available on the Company’s website at www.infoedge.in/pdfs/financial_pdfs/f_Earnings/investor-concall-transcript-14aug26.pdf. Request you to take the same on record. Thanking you. Yours faithfully, For Info Edge (India) Limited Jaya Bhatia Company Secretary & Compliance Officer Encl.: as above INFO EDGE (IN DIA) LIMITED Corporate Office: B-8, Sector - 132, Noida - 201304, Tel.: 0120 - 3082000, Fax: 0120-3082095 Email: investors@naukri.com URL: http://www.infoedge.in CIN: L74899DL1995PLC068021 Regd. Office: Ground Floor, 12A, 94, Meghdoot, Nehru Place, New Delhi-110019 “Info Edge (India) Limited Q1 FY2027 Results Conference Call” August 10, 2026 MANAGEMENT: Mr. Sanjeev Bikhchandani – Founder & Vice Chairman Mr. Hitesh Oberoi – Co-Promoter & Managing Director Mr. Ambarish Raghuvanshi – Interim CFO INVESTOR RELATIONS: Mr. Vineet Ranjan – Head, Investor Relations Anand Bansal: Good evening, everyone. I'm Anand Bansal, joined today by my colleague Vineet Ranjan. Thank you for joining us. Vineet Ranjan: Thank you, Anand. Good evening, everyone. Welcome to InfoEdge India Limited earnings conference call for Q1 FY27. Joining us today from management, we have Mr. Sanjeev Bikhchandani, Founder and Vice Chairman, Mr. Hitesh Oberoi, Co-Promoter and Managing Director, and Mr. Ambarish Raghuvanshi, Chief Financial Officer. Before we begin, I would like to draw your attention to the detailed disclaimer included in the presentation for good order's sake. Kindly note that this conference call is being recorded and all participant lines will remain in the listen-only mode and there'll be an opportunity for Q&A after the opening remarks conclude. Now I'll hand over to Hitesh for his opening remarks. Thank you. Over to you, Hitesh. Hitesh Oberoi: Thank you, Vineet, and very good evening to all of you. Thank you for joining us for InfoEdge's earnings call for the first quarter of FY27. Before I cover the individual businesses, let me give you our overall read of the quarter. This was a better quarter than the ones we saw through FY26. Standalone billings grew by over 14%, driven primarily by recruitment and 99acres, our two largest businesses, which together account for around 90% of our billings. Both businesses delivered healthy growth during the quarter while Jeevansathi was profitable and Shiksha remained under pressure as user behaviour continued to evolve. With that backdrop, let me briefly touch upon the financials before discussing each business in more detail. The detailed numbers are available in the earnings deck. At the standalone InfoEdge level, revenue grew 12% YoY to Rs.824 crores. Operating profit grew 33% to Rs.334 crores. At an operating PBT margin of over 40%, cash generated from operations grew by 25% to Rs.225 crores and cash balance at the end of Q1 was Rs.5,034 crores. Now, let's cover each business in a little more detail, starting with the recruitment business. Recruitment billings grew by over 17%. In Q1, revenue grew by 13%. Operating profit grew by 25%, at an operating PBT margin of 58%. Cash from operations grew by 36%. As discussed in the previous quarter as well, the quarterly billings can be influenced by the timing of customer renewals. Some clients choose to renew earlier while others defer renewals into subsequent quarters. Adjusting for these timing differences, we estimate the underlying billings growth in Q1 at around 15%, representing a relatively better outcome than the growth trajectory seen over the previous few quarters. Now, what drove this improvement? We believe the following key themes stood out in the recruitment business this quarter. One, growth in our core India B2B recruitment business improved during the quarter, supported by better enterprise renewal rates. Hiring activity remained largely stable, led primarily by replacement hiring, with some improvement in incremental hiring. The premium segment continued to perform relatively better than the broader market. The improvement was broad-based rather than concentrated on any one segment. Tech, IT, and BPM grew by 15%, GCCs by 31%, and other sectors combined grew by 12%, while growth for the recruitment consultants remained under pressure at 1%. Billings growth was supported by both volume improvement and pricing improvements. Additionally, newer monetization levers such as AI-Rex, Talent Pulse, and other value-added offerings contributed to significantly higher ARPU and expanded our revenue opportunity per customer. The Jobseeker business, Naukri 360, continued to outperform, with billings growing by over 35%. The paid subscribers as a percentage of monthly active users improved from 1.3% to 2.6% over the last six quarters, supported by increasing adoption of our AI-powered offerings such as our Jobseeker Agent Neo, our AI Mock Interview offerings, and our AI Resume Builder offerings. The business also operated at a healthy PBT margin of 63%, aided by the increasing share of self-serve offerings. Job Hai, although operating on a much smaller base, doubled its revenue while maintaining a similar level of investment. We continue to see encouraging traction in this business. Finally, NaukriGulf grew by 12%, below the ~20% growth trajectory it had maintained before the recent geopolitical disruptions in the Middle East. We believe the long-term opportunity remains intact. Over the past few years, the business has improved from being a break-even business to operating margins of over 35%, and we believe there is an opportunity for growth to improve once the regional environment stabilizes. Platform activity in Naukri remained healthy. Our database now contains approximately 118 million resumes, with over 25,000 new profiles being added every day, alongside 850,000 daily profile modifications and millions of other behavioural interactions across the platform. These data assets remain one of our biggest competitive advantages. Every new resume, every profile update, and user interaction on both the jobseeker's side and the recruiter's side improves our matching capabilities, recommendations, and AI models, while further strengthening the network effects of the platform. AI is now deeply embedded across the recruitment platform. There is improving candidate matching and recommendations, recruiter productivity, and customer experience, while also enabling new workflows such as JD creation and CV summarization. AI is also creating new monetization opportunities through products such as AI-Rex and Talent Pulse. Commercial adoption our agentic AI-Rex offering for recruiters, continues to accelerate. As of the end of June, AI-Rex was live across more than 4,000 enterprise customers and recruitment firms, with over 10% already converted into paying customers. Adoption spans sectors including IT, BFSI, sales, finance, healthcare, BPO, and core engineering. Our AI- powered Talent and Salary Intelligence Platform, Talent Pulse now serves more than 600 paid customers, ranging from large enterprises to smaller organizations. Encouraged by the early traction, we are now scaling both AI-Rex and Talent Pulse to several thousand more customers over the next few quarters. The Naukri platform is now steadily evolving from being a job board to a more comprehens [Showing first 8,000 characters — download PDF for full document]