Info Edge is India’s premier online classified company with a portfolio of brands. It owns various brands in different fields like naukri.com (online recruitment), 99acres.com (online real estate), jeevansathi.com (online matrimonial) as well as shiksha.com (online education information services). It also acts as an investor and has invested in many start-ups in the online space and is actively growing its investment portfolio.
Financial Results:
- Info Edge (India) Ltd reported Revenues for Q1FY24 of ₹626.00 Crores up from ₹547.00 Crore year on year, a rise of 14.44%.
- Total Expenses for Q1FY24 of ₹473.00 Crores down from ₹535.00 Crores year on year, a fall of 11.59%.
- Consolidated Net Profit of ₹147.00 Crores down 49.66% from ₹292.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹12.28, down 11.46% from ₹13.87 in the same quarter of the previous year.