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Info Edge (India) Ltd Q2FY25; 65% fall in Profits

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 Q2FY25 of ₹701.00 Crores up from ₹626.00 Crore year on year, a rise of 11.98%.

Total Expenses for Q2FY25 of ₹580.00 Crores up from ₹530.00 Crores year on year, a rise of 9.43%.

Consolidated Net Profit of ₹85.00 Crores down 64.58% from ₹240.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.79, down 88.73% from ₹15.88 in the same quarter of the previous year.

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