Info Edge Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 07, 2023 at 02:27 am EST
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Info Edge (India) Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 6,258.48 million compared to INR 6,041.25 million a year ago. Revenue was INR 7,920.07 million compared to INR 7,268.12 million a year ago. Net income was INR 2,051.25 million compared to INR 1,030.08 million a year ago. Basic earnings per share from continuing operations was INR 15.89 compared to INR 8 a year ago. Diluted earnings per share from continuing operations was INR 15.84 compared to INR 7.96 a year ago.
For the six months, sales was INR 12,517.95 million compared to INR 11,513.9 million a year ago. Revenue was INR 14,815.51 million compared to INR 16,014.06 million a year ago. Net income was INR 3,637.28 million compared to INR 2,819.44 million a year ago. Basic earnings per share from continuing operations was INR 28.18 compared to INR 21.9 a year ago. Diluted earnings per share from continuing operations was INR 28.09 compared to INR 21.78 a year ago.
Info Edge (India) Limited is an India-based company that is engaged in operating multiple Internet-based services through its various Web portals and mobile applications. The Companyâs segments include Recruitment Solutions and Real State- 99acres. The Recruitment Solutions segment consists of Naukri and all other allied businesses, which provides hiring solutions for both business-to-business (B2B), as well as business-to-customers (B2C). Real State- 99acres segment is focused on property listings, builders and brokers branding and visibility through micro-sites, home page links, and banners servicing real estate developers, builders and brokers. It operates in service verticals, which includes recruitment solutions through its brands naukri.com, iimjobs.com, hirist.com, ambitionbox.com, bigshyft.com, jobhai.com; in real estate services through its brand 99acres.com; in matrimonial services through its brand jeevansaathi.com, and in education services through its brand shiksha.com.
INFO EDGE (INDIA) LIMITED 