Info Edge (India) Limited has successfully concluded its investigation into a whistle-blower complaint related to its 99acres business vertical, with findings indicating no material impact on the company's financial statements. The info edge investigation, which began following a complaint reported to stock exchanges on September 13, 2025, involved independent forensic experts and specialist legal professionals.

Investigation Process and Methodology

The company's Audit Committee and Board of Directors had mandated a comprehensive investigation following the receipt of the whistle-blower complaint. The investigation was conducted by reputed specialist law firm and forensic experts, ensuring independence and thoroughness in the assessment process. This approach aligns with the company's established whistle-blower policy, which is publicly available on the company's website.

Key Findings and Assessment

The independent investigators have submitted their comprehensive conclusions and assessment to the Audit Committee and Board of Directors. Following thorough review, the company has determined that the investigation outcomes and findings do not have a material impact on its financial statements. This assessment provides clarity on the complaint's implications for the company's financial position and operational integrity.

Remedial Actions Implementation

Info Edge has initiated remedial measures based on the investigation findings. The company has implemented certain remedial actions, while others remain in the process of being implemented. This proactive approach demonstrates the company's commitment to addressing any identified issues and strengthening its operational processes.

Regulatory Compliance and Transparency

The company has maintained full transparency throughout the investigation process, keeping stock exchanges informed as required under Regulation 30. The update has been communicated to both the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with listing obligations. Additionally, the intimation is being made available on the company's website for stakeholder access.

This conclusion of the whistle-blower complaint investigation represents Info Edge's commitment to corporate governance standards and transparent business practices. The company's systematic approach to handling the complaint, involving independent experts and comprehensive assessment, reflects its dedication to maintaining stakeholder trust and regulatory compliance.

Info Edge India shares experienced a decline of 2.51% to Rs 1,268.20 on Tuesday, positioning the stock among the top losers on the Nifty Next 50 index amid high trading volume. The decline comes despite the company's strong financial performance in recent quarters.

Strong Quarterly Financial Performance

Info Edge India demonstrated robust growth in its quarterly financial results. The company's consolidated revenue for the quarter ending September 2025 reached Rs 805.45 crore, marking a significant increase from Rs 700.82 crore in September 2024. Net profit for the same period stood at Rs 347.52 crore, substantially higher than Rs 172.27 crore recorded in the previous year.

Annual Financial Highlights

The company's annual performance reflects consistent growth trajectory. Consolidated revenue for the year ending March 2025 reached Rs 2,849.55 crore, representing a notable increase from Rs 2,536.34 crore in the year ending March 2024. Annual net profit stood at Rs 1,432.89 crore, up from Rs 725.54 crore in the previous year.

Key Financial Metrics and Growth

Info Edge India's annual sales for the year ending March 2025 stood at Rs 2,849 crore, representing a 12.37% increase compared to Rs 2,536 crore in March 2024. The company's other income showed substantial growth, increasing by 160% from Rs 413 crore to Rs 1,073 crore. Total income reached Rs 3,922 crore, marking a 32.94% increase from the previous year. EBIT also demonstrated strong performance, rising from Rs 1,031 crore to Rs 2,091 crore.

Corporate Actions and Dividends

The company has announced a stock split, with the old face value of Rs 10 being split into a new face value of Rs 2. The ex-split date and record date is set for May 7, 2025. Info Edge India has also declared multiple dividends, including an interim dividend of Rs 2.40 per share (120%) announced on November 10, 2025, with an effective date of November 21, 2025. Additionally, a final dividend of Rs 3.60 per share (180%) was announced on May 27, 2025, with an effective date of July 25, 2025.

Market Position

Info Edge India is a constituent of the Nifty Next 50 index. According to Moneycontrol analysis from January 21, 2026, the stock carries a bearish sentiment despite its strong financial fundamentals.