Mon, Aug 12, 2024
Info Edge Share Price Target: Shares of Internet firm Info Edge, which owns platforms like Naukri.Com, Jeevansathi.Com, are in focus today as the company has posted a 75.6 per cent jump in consolidated profit in the first quarter of FY2024-25.
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Fri, Aug 09, 2024
Info Edge, the parent company of Naukri.com and Jeevansathi, reported a 75.6% surge in consolidated profit to ₹258.8 crore for Q1 FY25, driven by strong growth across its recruitment, real estate, and matchmaking businesses. Revenue from operations rose 8.1% to ₹677 crore, with notable increases in the real estate and education verticals. The company also reported a significant reduction in cash losses from non-recruitment sectors and announced the merger of three subsidiaries to streamline its corporate structure.
Mon, Feb 13, 2023
Info Edge — which operates job portal Naukri.com — reported a consolidated loss of Rs 116.5 crore for the quarter ended December 2022 as against a profit of Rs 4,601.87 crore for the corresponding period a year ago.
Fri, Apr 12, 2019
It is predicted that due to demand in the United States, there will be addition of 110-120K over FY19E.
Wed, Nov 02, 2016
The second quarter of FY17 for Indian internet companies was disappointing. Companies like Info Edge, MakeMyTrip and Just Dial reported lower revenues due to cash burn from higher marketing and promotion expenses during the quarter.
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