Info Edge (India) Committee Approves ₹5 Crore Investment in Startup Investments (Holding) Limited 12 hrs ago Yesterday
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.
Info Edge (India) Ltd. Records Rs. 20.49 Crore Block Trade on NSE 3 days ago
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.