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.