Categories AlphaGraphs, Earnings, Technology

Info Edge (India) Ltd Q3FY24; 159% rise 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 Q3FY24 of ₹627.00 Crores up from ₹590.00 Crore year on year, a rise of 6.27%.

Total Expenses for Q3FY24 of ₹475.00 Crores up from ₹456.00 Crores year on year, a rise of 4.17%.

Consolidated Net Profit of ₹119.00 Crores up 158.7% from ₹46.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.68, from -₹9.02 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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