Info Edge

Info Edge Share Buy, sell or hold: At 11:30 AM, the Info Edge (India) stock was trading 1.19 per cent lower at ₹1,360.60, even as the BSE Sensex gained 0.33 per cent to 84,743.91.

Management says a large part of the current marketing spends is for brand building, which may be cut sharply if needed

Info Edge's standalone revenue stood at ₹7,364 crore, up 15.3 per cent year-on-year (Y-o-Y), with billings rising 11.2 per cent to ₹6,442 crore.

Higher spends to keep Info Edge margins under pressure

Info Edge (Naukri) share price outlook: The stock is seen testing the trend line support on the weekly scale at Rs 7,300; a weekly close below the same will indicate bearish implications on the stock.

Analysts at Nuvama have a bullish view on Info Edge, raising their target price to Rs 9,100 from Rs 8,800, citing strong growth across the business and improved margins

Info Edge - the parent entity of Naukri - on Wednesday reported a 61 per cent year-on-year rise in consolidated net profit at about Rs 242.6 crore for quarter ended December 2024, and the board also approved split of shares in the ratio of 1:5. The share split is aimed at enhancing the liquidity of company's equity shares and encouraging participation of retail investors by making shares of the company more affordable, according to a statutory filing by Info Edge. The revenue from operations - on a consolidated basis - was nearly 15 per cent higher at Rs 722.3 crore in Q3FY25. The Q3FY25 net profit attributable to equity holders of parent stood at Rs 242.59 crore, up 61 per cent as compared to same period previous year. "Board of Directors of the company at their meeting held today...have considered and approved...sub-division/split of the existing 1 (one) equity share of the company having face value of Rs 10 (Rupees ten only) each fully paid-up, into 5 (five) equity shares having

In its pre-quarter update, Info Edge had already disclosed a 14.3 per cent Y-o-Y growth in standalone billings, highest in the last 6 quarters

Info Edge stock surged up to 4.84 per cent at Rs 7,249.95 per share on the BSE in Friday's intraday deals

Info Edge share price: The sustained growth momentum in the non-IT sectors is expected to continue to buoy the company's recruitment business

Info Edge (India) stock price update: Info Edge stock price zoomed 8 per cent to Rs 6,338.55 per share on the BSE in Friday's intraday trade

Naukri.com owner Info Edge posted a consolidated net profit of Rs 87.9 crore in the fourth quarter ended March 31, 2024. The company had registered a loss of Rs 503.1 crore in the year-ago period. The consolidated revenue of operations increased 8.7 per cent to Rs 657.42 crore during the quarter under review from Rs 604.78 crore a year earlier. Info Edge (India) recorded 7.9 per cent growth in its revenue from operations at Rs 608.3 crore on a standalone basis for the quarter ended March 31, 2024, compared to Rs 564.0 crore in the corresponding quarter of the previous fiscal. "The recruitment business witnessed an uptick in Q4 performance whereas non-recruitment businesses continued to deliver robust performance. "Revenues growth in the recruitment business was 3.4 per cent year on year and for non-recruitment business verticals namely 99acres.com (the real estate vertical), Jeevansathi.com (the matrimony business), and Shiksha.com (the education business) was 22.5 per cent, 29.2

For the quarter ended March 2024, Info Edge reported standalone billings of Rs 826.9 crore, up 10.45 per cent year-on-year

Job portal Naukri.com parent firm Info Edge has reported a 3.5 per cent increase in billings of the company to Rs 826.9 crore on a standalone basis in the fourth quarter ended March 31, 2024, the company said in a regulatory filing. The billings of the company stood at Rs 748.6 crore in the same period a year ago. Recruitment Solutions billing grew by 7.18 per cent during the quarter to Rs 625.4 crore from Rs 583.5 crore in March 2023 quarter. The billings of real estate arm 99acres grew by 26.42 per cent to Rs 131.1 crore during the reported quarter from Rs 103.7 in the corresponding quarter a year ago. For the year ended March 31, 2024, the standalone billing of the company increased by 5.47 per cent to Rs 2,495.9 crore from Rs 2,366.3 crore in 2022-23. The biggest contributor to the company's billing, Recruitment Solutions, grew marginally to Rs 1883.2 crore during the reported fiscal from Rs 1,858.7 crore in fiscal year 2023. Real estate platform 99acres' billing grew by abou

Naukri continues to be the market leader among recruitment portals with a database of over 95 million and a 70 per cent traffic market share in the segment

Sanjeev Bikhchandani discusses the growth of Info Edge from startup to a tech giant, and the crucial role of startups in India's growth story at Business Standard Manthan

Info Edge founder said that the only app in contention was Jeevansathi, and it was complied with on February 9

Info Edge (India) Ltd on Saturday said its mobile apps, including naukri.com, 99 acres.com, and shiksha.com have been removed from Google Play Store. This comes a day after Google began removing some apps, including popular matrimony apps, from its Play Store in India over a dispute on service fee payments. Google has said that 10 companies in the country, including "many well-established" had avoided paying fees despite benefiting from the platform. "We would like to inform you that the company's mobile applications (viz. Naukri.com Job Search App, Naukri Recruiter, Naukrigulf Job Search App, 99acres Buy/Sell/Rent Property and Shiksha), have been removed/delisted from Google Play Store today by Google, along with several mobile applications of other companies/entities as well," Info Edge (India) Ltd said in a BSE filing. It said the action comes as a surprise to the company as it was taken without giving due and sufficient notice by Google. Info Edge clarified that users who alre

Earlier today, Google began removing the apps of 10 companies in India over service fee payments, including some popular matrimony apps like Bharat Matrimony

As per the media report, Google has warned of removing apps of ten companies in India, including of Matrimony.com and Info Edge, for failing to pay a service fee for the use of its playstore.