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    Info Edge Q4 Results: Cons PAT skyrockets 667% YoY to Rs 463 crore, revenue jumps 14%

    Synopsis

    Info Edge announced a massive 667% jump in net profit for the March quarter. The profit reached Rs 463 crore. Revenue also increased by 14% to Rs 750 crore. The company's board proposed a final dividend of Rs 3.60 per share. This reflects strong financial performance compared to the previous year. The results indicate positive growth for the company.

    JM Financial reiterates Buy on Info Edge (India), lowers target price to Rs 7,800ETMarkets.com
    Info Edge on Tuesday reported a 667% year-on-year (YoY) surge in its consolidated net profit, reaching Rs 463 crore for the March quarter, compared to Rs 60 crore in the same period last year. The profit is attributable to the company’s shareholders.

    Revenue from operations for the quarter stood at Rs 750 crore, marking a 14% YoY increase from Rs 657 crore reported in the corresponding quarter of the previous financial year.

    The company’s board has recommended a final dividend of Rs 3.60 per equity share for the financial year ended March 31, 2025.

    On a sequential basis, the profit after tax (PAT) surged 91% as compared to Rs 243 crore reported in Q3FY25, while the revenue was nearly 4% higher from Rs 722 crore reported in the October-December quarter of FY25.

    The company which operates Naukri, 99acres and Jeevansathi.com reported a 19% YoY growth in standalone billings for the quarter, reaching Rs 984 crore. The billings in the recruitment business grew by 18.4%, while the non-recruitment verticals—99acres (real estate), Jeevansathi (matrimony), and Shiksha (education) recorded growth of 21.9%, 23.9%, and 15.9%, respectively.

    The recruitment business continued the uptick in Q4, whereas non-recruitment businesses also continued to grow with cash profitability.

    The company registered an operating profit of Rs 231.5 crore and an operating profit margin of 33.7% of revenue on a standalone basis in Q4FY25. The standalone business generated cash from operations (before taxes) of Rs 536.2 crore for the quarter.

    Commenting on the earnings, Hitesh Oberoi, Managing Director and Chief Executive Officer of the company said that the recruitment billings accelerated well quarter-over-quarter after a muted start, growing over 18% in Q4. "Our non recruitment businesses also sustained their momentum, gaining market share over the past few quarters and turning cash positive for the full year”.

    Post earnings announcement, shares of Info Edge dropped 1.4% to trade at Rs 1,455 on the NSE.


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    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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