Financial Insights

90.7% YoY growth in net profit: Info Edge Q3 results

Info Edge, parent company of sites like Naukri.com, Jeevansaathi.com, 99Acres.com and Shikhsha.com, reported a bumper growth of 90.7% YoY growth in its net profit to touch Rs 133.25 crores against 69.87 crores for the quarter ended in December 2020.

Its Net Sales rose by 48.1% YoY 403.26 crore during the quarter. Its Operating Cash EBITDA was Rs 254.1 crore, up approximately 112% YoY.

The scrip saw a full gap-up opening as it opened on 31/01/2022 at Rs 4,590 per share, touched a high of Rs 4,993.90 and closed at Rs 4,900.80 per share, witnessing a rise of 11.23% in a single day.

Highlight by Aman Agarwal.

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