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Add Info Edge India Ltd For Target Rs.559 By Centrum Broking Info Edge reported broadly inline performance for the quarter. It reported revenue of Rs 6,389 mn( up 5.0% QoQ, up 9.3% YoY). The sequential growth was led by 4.3% QoQ growth in revenue of Recruitment business; 6.2% QoQ growth in revenue of 99acres segment and 9.2% QoQ growth in revenue of Jeevansathi segment. The number of resumes have reached 100mn vs 98 mn in Q4FY24. EBITDA margin declined by 154 bps QoQ to 39.0% on higher marketing cost ( up 23.7% QoQ). Reported billings of Rs 5.8bn( up 1...
Add Info Edge India Ltd For Target Rs.559 By Centrum Broking
Add Info Edge India Ltd For Target Rs.559 By Centrum Broking
Source: Centrum Broking Ltd
2024-08-13 12:21:40 pm
Info Edge (India) shines on reporting 76% rise in Q1 consolidated net profit 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 sc...
Info Edge (India) shines on reporting 76% rise in Q1 consolidated net profit
Info Edge (India) shines on reporting 76% rise in Q1 consolidated net profit
Source: Accord Fintech
2024-08-09 03:50:37 pm
Info Edge clocks 8.9 per cent growth in Q4 operating profit driven by recruitment uptick Sanjeev Bikhchandani-founded Info Edge India Limited, the parent company of Naukri.com, on Thursday, reported 7.9 per cent growth in its operating revenue at Rs 608.3 crore for the quarter ended March 31, compared to Rs 564 crore in the same period in the last fiscal year. The company registered a growth of 8.9 per cent in its operating profit which stood at Rs 224.8 crore in Q4 FY24, as compared to Rs 206.3 crore in Q4 FY23. In a statement, the company said that revenue growth in the r...
Info Edge clocks 8.9 per cent growth in Q4 operating profit driven by recruitment uptick
Info Edge clocks 8.9 per cent growth in Q4 operating profit driven by recruitment uptick
Source: IANS
2024-05-17 09:39:32 am
Accumulate Info Edge Ltd for Target Rs. 5610 By Elara Capital Q3 slightly sub-par; Q4 outlook sluggish Other businesses/99 acres propped overall growth Q3 print of 7.5% YoY revenue growth was a tad below our estimates of 8% YoY, with EBITDA margin in-line at 40.5%. Q3 growth was primarily led by Education and Matrimony, up ~9% QoQ, followed by Real Estate (99 acres), up 2% YoY. However, the Recruitment business (~75% of the total business) remained tepid, with 1% QoQ deceleration due to continued softness in...
Accumulate Info Edge Ltd for Target Rs. 5610 By Elara Capital
Accumulate Info Edge Ltd for Target Rs. 5610 By Elara Capital
Source: Elara Capital
2024-04-02 01:55:17 pm
Good governance crucial than highest market cap for startups: Industry leaders As certain Indian digital companies like Byju’s, with a mammoth $22 billion valuation once, get embroiled in corporate governance issues, top industry leaders have said that running a clean company with honest practices and good governance is more important than having the highest market cap. In a conversation with Kunal Shah, founder of fintech major CRED, veteran investor and Info Edge Founder Sanjeev Bikhchandani said that the leader’s role is not to sell stock but to ensure...
Good governance crucial than highest market cap for startups: Industry leaders
Good governance crucial than highest market cap for startups: Industry leaders
Source: IANS
2024-03-20 11:18:40 am
Info Edge logs profit backed by non-recruitment biz verticals in Q3 FY24 Info Edge India Limited, the parent company of Naukri.com, on Tuesday reported 7.2 per cent growth in its revenue from operations at Rs 595.4 crore for the quarter ended Dec 31, 2023 as compared to Rs 555.2 crore in the corresponding quarter of the previous fiscal year. The company registered a growth of 7 per cent in its operating profit which stood at Rs 218.7 crore in Q3 FY24, as compared to a profit of Rs 204.4 crore in Q3 FY23. Non-recruitment business verticals namely 99acres.com ...
Info Edge logs profit backed by non-recruitment biz verticals in Q3 FY24
Info Edge logs profit backed by non-recruitment biz verticals in Q3 FY24
Source: IANS
2024-02-13 05:40:00 pm
BuyEazzy Secures $4.25Mn in Series A Funding from Info Edge Ventures; existing investors Incubate Fund Asia and M Venture Partners participate BuyEazzy, a pioneering neighbourhood e-commerce platform announced today that it has successfully closed a $4.25 million Series A funding round led by Info Edge Ventures with participation from existing Pg investors Incubate Fund Asia and M Venture Partners. This latest round of funding will be instrumental in supporting the company’s expansion, team building and product enhancement efforts.    BuyEazzy, founded in May 2021 by Rahul Aggarwal and Hariher B, and ...
BuyEazzy Secures $4.25Mn in Series A Funding from Info Edge Ventures; existing investors Incubate Fund Asia and M Venture Partners participate
BuyEazzy Secures $4.25Mn in Series A Funding from Info Edge Ventures; existing investors Incubate Fund Asia and M Venture Partners participate
Source: PR Agency
2024-01-19 10:53:15 am
Info Edge (India) gains on the BSE Info Edge (India) is currently trading at Rs. 5245.35, up by 49.50 points or 0.95% from its previous closing of Rs. 5195.85 on the BSE. The scrip opened at Rs. 5159.75 and has touched a high and low of Rs. 5315.00 and Rs. 5159.75 respectively. So far 7631 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5274.90 on 18-Dec-2023 and a 52 week low of Rs. 3310.00 on 14-Mar-2023. Last one week high and low of the scri...
Info Edge (India) gains on the BSE
Info Edge (India) gains on the BSE
Source: Accord Fintech
2023-12-19 11:34:34 am
Add Info Edge(India) Ltd For Target Rs. 5,065 - Yes Securities Ltd Inline operating performance; slowdown in IT Hiring continues to impact near term billings Result Synopsis Info Edge(India) (INFOE) reported broadly inline financial performance for the quarter. While, the sequential revenue growth was as per estimates; EBITDA margin was slightly above expectation. Revenue grew by 1.5% QoQ, led by 2.2% QoQ growth in the revenue of Recruitment business. Consolidated Billing was muted on account of weak hiring sentiments in the IT sector, as it was down 3...
Add Info Edge(India) Ltd For Target Rs. 5,065 - Yes Securities Ltd
Add Info Edge(India) Ltd For Target Rs. 5,065 - Yes Securities Ltd
Source: Yes Securities
2023-12-14 03:35:38 pm
Info Edge rises as its arm to invest in Ray IOT Solutions Inc Info Edge (India) is currently trading at Rs. 4255.00, up by 26.25 points or 0.62% from its previous closing of Rs. 4228.75 on the BSE.The scrip opened at Rs. 4258.20 and has touched a high and low of Rs. 4307.90 and Rs. 4255.00 respectively. So far 2263 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4984.10 on 07-Aug-2023 and a 52 week low of Rs. 3310.00 on 14-Mar-2023.Last one week high and low of the scrip stood at Rs. 4307....
Info Edge rises as its arm to invest in Ray IOT Solutions Inc
Info Edge rises as its arm to invest in Ray IOT Solutions Inc
Source: Accord Fintech
2023-10-11 12:34:06 pm