Info Edge (India) shines on reporting 76% rise in Q1 consolidated net profit
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Info Edge (India) is currently trading at Rs. 7215.00, up by 299.90 points or 4.34% from its previous closing of Rs. 6915.10 on the BSE.
The scrip opened at Rs. 7000.00 and has touched a high and low of Rs. 7249.95 and Rs. 6973.80 respectively. So far 10120 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7325.00 on 02-Aug-2024 and a 52 week low of Rs. 3973.15 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 7249.95 and Rs. 6787.00 respectively. The current market cap of the company is Rs. 92993.54 crore.
The promoters holding in the company stood at 37.88%, while Institutions and Non-Institutions held 51.50% and 10.62% respectively.
Info Edge (India) has reported 16.20% rise in net profit at Rs 232.29 crore for first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 199.90 crore for the same quarter in the previous year. However, total income of the company increased by 11.49% at Rs 715.87 crore for Q1FY25 as compared to Rs 642.08 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 75.61% rise in its net profit at Rs 258.86 crore for the quarter ended June 30, 2024 as compared to Rs 147.41 crore for the same quarter in the previous year. Total income of the company increased by 20.07% at Rs 827.92 crore for Q1FY25 as compared to Rs 689.54 crore for the corresponding quarter previous year.
