Info Edge (India) Limited Q1FY23; Net Profit growth of 85% YoY

Info Edge (India) Limited (NSE: NAUKRI) reported its Q1FY23 results. Net profit increased by 85% year over year from 157.6 crores to 292.4 crores. The business reported consolidated revenue of 547.2 crore, an increase of 66% from the previous year. The recruitment solutions business whose revenue increased by 68%, was the primary driver of revenue growth. The earnings per share for this quarter is ₹13.84.