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Info Edge (India) Ltd News

Stock idea: Analysts raise target price on Info Edge post Q4; details here

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

Stock idea: Analysts raise target price on Info Edge post Q4; details here
Updated On : 17 May 2024 | 1:10 PM IST

Info Edge Q4 results: Net profit at Rs 88 crore, revenue rises 7.9%

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

Info Edge Q4 results: Net profit at Rs 88 crore, revenue rises 7.9%
Updated On : 16 May 2024 | 7:04 PM IST

Info Edge zooms 10% post Q4 biz update; will March qtr nos support rally?

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

Info Edge zooms 10% post Q4 biz update; will March qtr nos support rally?
Updated On : 08 Apr 2024 | 12:10 PM IST

Improving hiring expectations, investment gains positive for Info Edge

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

Improving hiring expectations, investment gains positive for Info Edge
Updated On : 29 Mar 2024 | 7:55 PM IST

Never received notice from Google: Sanjeev Bikhchandani on removal of apps

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

Never received notice from Google: Sanjeev Bikhchandani on removal of apps
Updated On : 02 Mar 2024 | 11:54 AM IST

Info Edge's Naukri, Shiksha, 99 acres removed from Google Play Store

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

Info Edge's Naukri, Shiksha, 99 acres removed from Google Play Store
Updated On : 02 Mar 2024 | 11:55 AM IST

Stocks to Watch: Axis Bank, Info Edge, Matrimony, Hero Moto, Coal India,NLC

Stocks to Watch on March 2, 2024: Axis Bank will raise up to Rs 4,000 crore via NCDs. The base issue is worth Rs 1,000 crore and the green shoe option will be Rs 3,000 crore

Stocks to Watch: Axis Bank, Info Edge, Matrimony, Hero Moto, Coal India,NLC
Updated On : 02 Mar 2024 | 8:09 AM IST

Matrimony, Info Edge seesaw as Google warns removing them from playstore

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.

Matrimony, Info Edge seesaw as Google warns removing them from playstore
Updated On : 01 Mar 2024 | 1:52 PM IST