IT Hiring Momentum May Be Stabilizing
Management noted IT hiring has stabilized after recovery rather than continuing to accelerate. The last two weeks of the quarter showed improvement but sustainability is uncertain.
Info Edge (India) · Material risks, their source context, and severity in the latest available quarter.
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Management noted IT hiring has stabilized after recovery rather than continuing to accelerate. The last two weeks of the quarter showed improvement but sustainability is uncertain.
IT companies are now publicly discussing GenAI-driven efficiency improvements that could disconnect revenue growth from headcount addition, potentially impacting Naukri's core monetization model.
Despite a hot real estate market, 99acres has limited presence in the new launch segment, which is dominated by Facebook, Instagram, and Google. This constrains revenue upside.
Coding Ninjas investment impaired by INR 60 crore due to EdTech valuation corrections despite the business growing 30%+ YoY, reflecting ongoing portfolio valuation risk.