Info Edge (India) Ltd. Records Rs. 48.27 Crore Block Trade on NSE at Rs. 919.80 Per Share
Info Edge (India) Ltd. recorded a block trade on the NSE worth Rs. 48.27 crores, with approximately 524,738 shares changing hands at Rs. 919.80 per share. Such large-volume transactions are typically executed between institutional investors outside the standard order book to minimise market impact.
25May 26
Info Edge Management Anticipates Steady Recruitment Business Margins With Double-Digit Top-Line Growth
Info Edge management has outlined expectations of stable margins for its recruitment business, contingent on achieving double-digit top-line growth. The management noted that margins could improve further if the business records a faster pace of growth. The commentary reflects a measured and operationally disciplined approach to the company's core recruitment segment, with scale identified as a potential driver of enhanced profitability.
Info Edge (India) Committee Approves ₹5 Crore Investment in Startup Investments (Holding) Limited
Info Edge (India) committee has approved a ₹5 crore investment in Startup Investments (Holding) Limited. This strategic investment decision demonstrates the company's continued focus on expanding its investment portfolio in the startup ecosystem through structured holding entities.
24Apr 26
Info Edge (India) Ltd. Records Rs. 20.49 Crore Block Trade on NSE
Info Edge (India) Ltd. executed a major block trade on NSE worth Rs. 20.49 crores involving 204,387 shares at Rs. 1002.60 per share. The transaction reflects institutional trading activity and demonstrates significant market participation in the company's stock through large-volume off-market execution.
Naukri Faces USD 61 Million Outflows During Nifty Indices Semi-Annual Rebalancing
Info Edge, parent company of Naukri, faces USD 61 million in foreign investment outflows during today's semi-annual Nifty indices rebalancing at 3 PM. The outflows reflect portfolio adjustments by institutional investors responding to the routine index rejig exercise.
Info Edge (India) Limited posted solid Q4 results with 13% YoY revenue growth to Rs 6.90 billion and 19% YoY billing increase to Rs 9.80 billion. EBITDA rose 4.90% YoY to Rs 2.60 billion, with a 37.70% margin. Despite strong performance, ICICI Securities maintains a 'Hold' rating due to macroeconomic uncertainties.
Info Edge's Recruitment Vertical Surges with 18.4% Growth, Outpacing Expectations
Info Edge reported an 18.40% year-over-year growth in billings for its recruitment vertical, significantly exceeding Kotak's estimate of 12.00%. This strong performance indicates a robust recovery in the job market and reinforces Naukri's dominant position in India's online recruitment space. The company's internal indicators suggest increased hiring activities across various industries, potentially signaling a broader economic recovery.
27May 25
Info Edge Reports 667% YoY Profit Surge in Q4, Revenue Up 14%
Info Edge announced impressive Q4 financial results with net profit soaring 667% year-over-year to ₹463.00 crore. Revenue increased by 14% to ₹750.00 crore, while EBITDA rose to ₹248.00 crore. Other income saw a significant boost, jumping to ₹521.00 crore from ₹151.00 crore. The company's board recommended a final dividend of ₹3.60 per equity share for FY2025.
21May 25
Info Edge to Announce Q4 Financial Results on May 27
Info Edge (India) Limited has scheduled a board meeting on May 27, 2023, to review and approve its Q4 financial results for the fiscal year 2022-2023. The meeting will cover the company's performance for the quarter ending March 31, 2023. As a leading online classifieds company, Info Edge's results are significant for investors and analysts assessing the Indian digital economy's health.