Info Edge (India)
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Aug 10 (Reuters) - Info Edge (India) Ltd INED.NS:
Q1 CONSOL NET PROFIT 4.46 BILLION RUPEES
Q1 CONSOL REVENUE FROM OPERATIONS 8.81 BILLION RUPEES
Source text: ID:nnAZN4TCYDJ
Further company coverage: INED.NS
(([email protected];;))
Aug 10 (Reuters) - Info Edge (India) Ltd INED.NS:
Q1 CONSOL NET PROFIT 4.46 BILLION RUPEES
Q1 CONSOL REVENUE FROM OPERATIONS 8.81 BILLION RUPEES
Source text: ID:nnAZN4TCYDJ
Further company coverage: INED.NS
(([email protected];;))
Info Edge scheduled virtual one-on-one meetings with Ethos Invest on August 12, Tiger Pacific Capital and Aberdeen on August 14, and Dalal & Broacha Portfolio Managers on August 17, 2026. Vineet Ranjan was listed for each meeting, while Hitesh Oberoi was also named for the Aberdeen discussion. No unpublished price-sensitive information was to be shared, and the schedule remained subject to change. The company's standalone revenue rose 15% in FY26, and its operating margin reached 40.1% in the fourth quarter.
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Info Edge scheduled virtual one-on-one meetings with Ethos Invest on August 12, Tiger Pacific Capital and Aberdeen on August 14, and Dalal & Broacha Portfolio Managers on August 17, 2026. Vineet Ranjan was listed for each meeting, while Hitesh Oberoi was also named for the Aberdeen discussion. No unpublished price-sensitive information was to be shared, and the schedule remained subject to change. The company's standalone revenue rose 15% in FY26, and its operating margin reached 40.1% in the fourth quarter.
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July 6 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - TO BUY 45.36% STAKE IN CODINGNINJAS FOR 399.1 MILLION RUPEES
Source text: ID:nBSE14q3vt
Further company coverage: INED.NS
(([email protected];))
July 6 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - TO BUY 45.36% STAKE IN CODINGNINJAS FOR 399.1 MILLION RUPEES
Source text: ID:nBSE14q3vt
Further company coverage: INED.NS
(([email protected];))
BENGALURU, July 3 - Hiring for AI roles within India's IT sector outpaced overall recruitment within the industry last month, a survey showed on Friday, indicating a push from companies to reorient themselves in the face of evolving technology.
The sector's AI hiring rose 16% year-on-year in June, while overall IT jobs declined 3%, according to job portal Naukri's monthly JobSpeak report that collated job listings from more than 150,000 firms on its website.
India's $315 billion IT industry has been under pressure with clients holding back on spending on technology due to a weak macroeconomic environment and the advent of AI that threatens their traditional business model.
"The divergence (between AI and overall IT hiring) is important because it shows where tech companies are still investing. AI is increasingly becoming a core capability area, especially as demand shifts towards more senior and specialised talent," said Hitesh Oberoi, CEO at Info Edge INED.NS, which owns Naukri.
The country's No.1 software exporter, Tata Consultancy Services TCS.NS, last month said it expects IT companies to slow down hiring, with the Tata Group firm moving towards having an equal number of employees and AI agents in its workforce.
Last July, the firm cut more than 12,000 jobs, while headcount fell by more than 23,000 on a net basis in the fiscal year ended March 2026.
Across 14 sectors, AI and machine learning jobs increased 25%, the report added. The insurance and consumer goods sector showed the most increase in job hiring during the period, it said.
(Reporting by Sai Ishwarbharath B in Bengaluru;)
BENGALURU, July 3 - Hiring for AI roles within India's IT sector outpaced overall recruitment within the industry last month, a survey showed on Friday, indicating a push from companies to reorient themselves in the face of evolving technology.
The sector's AI hiring rose 16% year-on-year in June, while overall IT jobs declined 3%, according to job portal Naukri's monthly JobSpeak report that collated job listings from more than 150,000 firms on its website.
India's $315 billion IT industry has been under pressure with clients holding back on spending on technology due to a weak macroeconomic environment and the advent of AI that threatens their traditional business model.
"The divergence (between AI and overall IT hiring) is important because it shows where tech companies are still investing. AI is increasingly becoming a core capability area, especially as demand shifts towards more senior and specialised talent," said Hitesh Oberoi, CEO at Info Edge INED.NS, which owns Naukri.
The country's No.1 software exporter, Tata Consultancy Services TCS.NS, last month said it expects IT companies to slow down hiring, with the Tata Group firm moving towards having an equal number of employees and AI agents in its workforce.
Last July, the firm cut more than 12,000 jobs, while headcount fell by more than 23,000 on a net basis in the fiscal year ended March 2026.
Across 14 sectors, AI and machine learning jobs increased 25%, the report added. The insurance and consumer goods sector showed the most increase in job hiring during the period, it said.
(Reporting by Sai Ishwarbharath B in Bengaluru;)
June 26 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - APPOINTS HIMANSHU AGARWAL AS CFO AND WHOLE-TIME DIRECTOR EFFECTIVE SEPTEMBER 17, 2026
Source text: ID:nBSE199pQm
Further company coverage: INED.NS
(([email protected];))
June 26 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - APPOINTS HIMANSHU AGARWAL AS CFO AND WHOLE-TIME DIRECTOR EFFECTIVE SEPTEMBER 17, 2026
Source text: ID:nBSE199pQm
Further company coverage: INED.NS
(([email protected];))
June 24 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - TO INVEST 400 MILLION RUPEES IN UNIT
Source text: ID:nBSE5QlYfc
Further company coverage: INED.NS
(([email protected];))
June 24 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - TO INVEST 400 MILLION RUPEES IN UNIT
Source text: ID:nBSE5QlYfc
Further company coverage: INED.NS
(([email protected];))
Info Edge released an annual letter to shareholders detailing its startup investment portfolio across artificial intelligence, deeptech, and consumer technology themes. The company disclosed that it has deployed INR 4,900 crore across 135 companies, with a current fair market value of INR 41,300 crore, representing an 8.4x multiple. The consumer tech and consumer AI segment, which includes holdings in Zomato and PB Fintech, returned 13.5x on an investment of INR 2,755 crore. The AI portfolio of 28 companies generated a 2.1x multiple and 31% gross IRR, while the 30-company deeptech portfolio, backed at early R&D stages, achieved a 1.2x multiple. The letter highlighted that 26 of 54 AI and deeptech companies have raised externally led follow-on rounds from marquee investors, with two deeptech startups receiving the country's first RDI scheme allocations.
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Info Edge released an annual letter to shareholders detailing its startup investment portfolio across artificial intelligence, deeptech, and consumer technology themes. The company disclosed that it has deployed INR 4,900 crore across 135 companies, with a current fair market value of INR 41,300 crore, representing an 8.4x multiple. The consumer tech and consumer AI segment, which includes holdings in Zomato and PB Fintech, returned 13.5x on an investment of INR 2,755 crore. The AI portfolio of 28 companies generated a 2.1x multiple and 31% gross IRR, while the 30-company deeptech portfolio, backed at early R&D stages, achieved a 1.2x multiple. The letter highlighted that 26 of 54 AI and deeptech companies have raised externally led follow-on rounds from marquee investors, with two deeptech startups receiving the country's first RDI scheme allocations.
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May 22 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) MARCH-QUARTER CONSOL NET PROFIT 5.66 BILLION RUPEES
INFO EDGE (INDIA) MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.69 BILLION RUPEES
INFO EDGE (INDIA) LTD - DECLARES DIVIDEND OF 3.6 RUPEES PER SHARE
Source text: ID:nnAZN4SXWYC
Further company coverage: INED.NS
(([email protected];))
May 22 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) MARCH-QUARTER CONSOL NET PROFIT 5.66 BILLION RUPEES
INFO EDGE (INDIA) MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.69 BILLION RUPEES
INFO EDGE (INDIA) LTD - DECLARES DIVIDEND OF 3.6 RUPEES PER SHARE
Source text: ID:nnAZN4SXWYC
Further company coverage: INED.NS
(([email protected];))
April 27 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - TO INVEST 50 MILLION RUPEES IN STARTUP INVESTMENTS (HOLDING)
Source text: ID:nnAZN4SSXIG
Further company coverage: INED.NS
(([email protected];))
April 27 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - TO INVEST 50 MILLION RUPEES IN STARTUP INVESTMENTS (HOLDING)
Source text: ID:nnAZN4SSXIG
Further company coverage: INED.NS
(([email protected];))
April 17 (Reuters) - Info Edge (India) Ltd INED.NS:
TO INVEST 100 MILLION RUPEES IN SMARTWEB INTERNET SERVICES LIMITED
Source text: ID:nBSE8xWMG2
Further company coverage: INED.NS
(([email protected];;))
April 17 (Reuters) - Info Edge (India) Ltd INED.NS:
TO INVEST 100 MILLION RUPEES IN SMARTWEB INTERNET SERVICES LIMITED
Source text: ID:nBSE8xWMG2
Further company coverage: INED.NS
(([email protected];;))
April 8 (Reuters) - Info Edge (India) Ltd INED.NS:
Q4FY26 STANDALONE BILLINGS 10.57 BILLION RUPEES
Source text: ID:nBSE6VTh5b
Further company coverage: INED.NS
(([email protected];;))
April 8 (Reuters) - Info Edge (India) Ltd INED.NS:
Q4FY26 STANDALONE BILLINGS 10.57 BILLION RUPEES
Source text: ID:nBSE6VTh5b
Further company coverage: INED.NS
(([email protected];;))
Feb 26 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - APPROVED ENTERING INTO CONTRIBUTION AGREEMENT WITH B8 FUND I
INFO EDGE (INDIA) LTD - DEAL TO COMMIT CONTRIBUTION OF UP TO 2.5 BILLION RUPEES
Source text: ID:nBSE59mZdw
Further company coverage: INED.NS
(([email protected];))
Feb 26 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - APPROVED ENTERING INTO CONTRIBUTION AGREEMENT WITH B8 FUND I
INFO EDGE (INDIA) LTD - DEAL TO COMMIT CONTRIBUTION OF UP TO 2.5 BILLION RUPEES
Source text: ID:nBSE59mZdw
Further company coverage: INED.NS
(([email protected];))
Feb 17 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - TO INVEST 300 MILLION RUPEES IN SIHL
Source text: ID:nBSE84rhmV
Further company coverage: INED.NS
(([email protected];))
Feb 17 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - TO INVEST 300 MILLION RUPEES IN SIHL
Source text: ID:nBSE84rhmV
Further company coverage: INED.NS
(([email protected];))
Feb 13 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - SECOND INTERIM DIVIDEND OF 2.40 RUPEES PER SHARE
Source text: ID:nBSEb0dCZH
Further company coverage: INED.NS
(([email protected];))
Feb 13 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - SECOND INTERIM DIVIDEND OF 2.40 RUPEES PER SHARE
Source text: ID:nBSEb0dCZH
Further company coverage: INED.NS
(([email protected];))
Jan 27 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - UPDATE REGARDING WHISTLE-BLOWER COMPLAINT IN 99ACRES BUSINESS VERTICAL
INFO EDGE (INDIA) - INDEPENDENT LAW FIRM, FORENSIC EXPERTS SUBMITTED CONCLUSIONS AND ASSESSMENT
INFO EDGE (INDIA) - IMPLEMENTED CERTAIN REMEDIAL ACTIONS AND OTHERS IN PROCESS OF BEING IMPLEMENTED
Source text: ID:nNSE5H9hRn
Further company coverage: INED.NS
(([email protected];;))
Jan 27 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - UPDATE REGARDING WHISTLE-BLOWER COMPLAINT IN 99ACRES BUSINESS VERTICAL
INFO EDGE (INDIA) - INDEPENDENT LAW FIRM, FORENSIC EXPERTS SUBMITTED CONCLUSIONS AND ASSESSMENT
INFO EDGE (INDIA) - IMPLEMENTED CERTAIN REMEDIAL ACTIONS AND OTHERS IN PROCESS OF BEING IMPLEMENTED
Source text: ID:nNSE5H9hRn
Further company coverage: INED.NS
(([email protected];;))
Jan 19 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - JEEVANSATHI TO INVEST 100 MILLION RUPEES IN AISLE NETWORK
Source text: ID:nBSE5P0kJT
Further company coverage: INED.NS
(([email protected];))
Jan 19 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - JEEVANSATHI TO INVEST 100 MILLION RUPEES IN AISLE NETWORK
Source text: ID:nBSE5P0kJT
Further company coverage: INED.NS
(([email protected];))
Jan 7 (Reuters) - Info Edge (India) Ltd INED.NS:
Q3 STANDALONE BILLINGS 7.47 BILLION RUPEES
Source text: ID:nBSEbcsvkW
Further company coverage: INED.NS
(([email protected];))
Jan 7 (Reuters) - Info Edge (India) Ltd INED.NS:
Q3 STANDALONE BILLINGS 7.47 BILLION RUPEES
Source text: ID:nBSEbcsvkW
Further company coverage: INED.NS
(([email protected];))
Dec 12 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - EXPECTS SHOPKIRANA E TRADING TRANSACTION TO BE COMPLETED BY MARCH 31
Source text: ID:nBSEbgRnmK
Further company coverage: INED.NS
(([email protected];))
Dec 12 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - EXPECTS SHOPKIRANA E TRADING TRANSACTION TO BE COMPLETED BY MARCH 31
Source text: ID:nBSEbgRnmK
Further company coverage: INED.NS
(([email protected];))
Nov 14 (Reuters) - Info Edge (India) Ltd INED.NS:
JEEVANSATHI INTERNET APPROVES ACQUISITION OF 1,279 SHARES OF AISLE NETWORK
DEAL FOR 55 MILLION RUPEES
Source text: ID:nNSE2hmBsD
Further company coverage: INED.NS
(([email protected];))
Nov 14 (Reuters) - Info Edge (India) Ltd INED.NS:
JEEVANSATHI INTERNET APPROVES ACQUISITION OF 1,279 SHARES OF AISLE NETWORK
DEAL FOR 55 MILLION RUPEES
Source text: ID:nNSE2hmBsD
Further company coverage: INED.NS
(([email protected];))
Aug 19 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - AMBARISH RAGHUVANSHI APPOINTED INTERIM CFO FROM NOVEMBER 20, 2025
INFO EDGE (INDIA) LTD - CHINTAN THAKKAR RESIGNS AS WHOLE-TIME DIRECTOR & CFO
Source text: ID:nBSE63mmc7
Further company coverage: INED.NS
(([email protected];;))
Aug 19 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) LTD - AMBARISH RAGHUVANSHI APPOINTED INTERIM CFO FROM NOVEMBER 20, 2025
INFO EDGE (INDIA) LTD - CHINTAN THAKKAR RESIGNS AS WHOLE-TIME DIRECTOR & CFO
Source text: ID:nBSE63mmc7
Further company coverage: INED.NS
(([email protected];;))
Aug 8 (Reuters) - Info Edge (India) Ltd INED.NS:
JUNE-QUARTER CONSOL NET PROFIT 2.96 BILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.91 BILLION RUPEES
Further company coverage: INED.NS
(([email protected];))
Aug 8 (Reuters) - Info Edge (India) Ltd INED.NS:
JUNE-QUARTER CONSOL NET PROFIT 2.96 BILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.91 BILLION RUPEES
Further company coverage: INED.NS
(([email protected];))
July 7 (Reuters) - Info Edge (India) Ltd INED.NS:
REPORTS 6.44 BILLION RUPEES BILLINGS FOR JUNE 2025 QUARTER
Source text: ID:nBSE3Nwk6P
Further company coverage: INED.NS
(([email protected];;))
July 7 (Reuters) - Info Edge (India) Ltd INED.NS:
REPORTS 6.44 BILLION RUPEES BILLINGS FOR JUNE 2025 QUARTER
Source text: ID:nBSE3Nwk6P
Further company coverage: INED.NS
(([email protected];;))
March 17 (Reuters) - Info Edge (India) Ltd INED.NS:
JEEVANSATHI TO INVEST 300 MILLION RUPEES IN AISLE NETWORK
Source text: ID:nBSE5v461x
Further company coverage: INED.NS
(([email protected];;))
March 17 (Reuters) - Info Edge (India) Ltd INED.NS:
JEEVANSATHI TO INVEST 300 MILLION RUPEES IN AISLE NETWORK
Source text: ID:nBSE5v461x
Further company coverage: INED.NS
(([email protected];;))
March 5 (Reuters) - Info Edge (India) Ltd INED.NS:
MERITTO BOARD APPROVES IPO PROPOSAL
CO HOLDS 48% EQUITY IN MERITTO
BOARD UNDECIDED ON PARTICIPATION IN MERITTO IPO
Source text: ID:nBSE43Z9DC
Further company coverage: INED.NS
(([email protected];;))
March 5 (Reuters) - Info Edge (India) Ltd INED.NS:
MERITTO BOARD APPROVES IPO PROPOSAL
CO HOLDS 48% EQUITY IN MERITTO
BOARD UNDECIDED ON PARTICIPATION IN MERITTO IPO
Source text: ID:nBSE43Z9DC
Further company coverage: INED.NS
(([email protected];;))
Feb 5 (Reuters) - Info Edge (India) Ltd INED.NS:
Q3 CONSOL NET PROFIT 2.43 BILLION RUPEES
Q3 CONSOL REVENUE FROM OPERATIONS 7.22 BILLION RUPEES
Source text: [ID:]
Further company coverage: INED.NS
(([email protected];;))
Feb 5 (Reuters) - Info Edge (India) Ltd INED.NS:
Q3 CONSOL NET PROFIT 2.43 BILLION RUPEES
Q3 CONSOL REVENUE FROM OPERATIONS 7.22 BILLION RUPEES
Source text: [ID:]
Further company coverage: INED.NS
(([email protected];;))
Jan 30 (Reuters) - India's PB Fintech PBFI.NS reported a sharp jump in third-quarter profit on Thursday, aided by rising sales of insurance policies.
The company's consolidated net profit rose 88% from a year earlier to 715.4 million rupees ($8.26 million) for the three months ended Dec. 31.
Analysts said PB Fintech continues to benefit from increasing demand in India's largely untapped insurance policy aggregator sector, aided by improving financial awareness and income levels.
The company operates online insurance aggregator Policybazaar and credit marketplace Paisabazaar.
PB Fintech's revenue from operations rose 48% to 12.92 billion rupees, led by a 62% jump in insurance broker services, its largest segment.
The company's insurance premium grew 44%, mainly from a 47% growth in new health and life insurance premium.
Meanwhile, its credit business, which took a hit following the Indian central bank's crackdown on unsecured lending, continued to face slowdown.
PB Fintech said its disbursal in the online credit business was down 20% year-on-year, with revenue from the segment dropping 18%.
However, its total lending disbursal rose 52%, led mainly by the new secured credit business which was started in the previous quarter.
($1 = 86.6000 Indian rupees)
(Reporting by Nishit Navin in Bengaluru; Editing by Varun H K)
(([email protected];))
Jan 30 (Reuters) - India's PB Fintech PBFI.NS reported a sharp jump in third-quarter profit on Thursday, aided by rising sales of insurance policies.
The company's consolidated net profit rose 88% from a year earlier to 715.4 million rupees ($8.26 million) for the three months ended Dec. 31.
Analysts said PB Fintech continues to benefit from increasing demand in India's largely untapped insurance policy aggregator sector, aided by improving financial awareness and income levels.
The company operates online insurance aggregator Policybazaar and credit marketplace Paisabazaar.
PB Fintech's revenue from operations rose 48% to 12.92 billion rupees, led by a 62% jump in insurance broker services, its largest segment.
The company's insurance premium grew 44%, mainly from a 47% growth in new health and life insurance premium.
Meanwhile, its credit business, which took a hit following the Indian central bank's crackdown on unsecured lending, continued to face slowdown.
PB Fintech said its disbursal in the online credit business was down 20% year-on-year, with revenue from the segment dropping 18%.
However, its total lending disbursal rose 52%, led mainly by the new secured credit business which was started in the previous quarter.
($1 = 86.6000 Indian rupees)
(Reporting by Nishit Navin in Bengaluru; Editing by Varun H K)
(([email protected];))
Jan 17 (Reuters) - Info Edge (India) Ltd INED.NS:
TO INVEST ABOUT 900 MILLION RUPEES IN STARTUP INVESTMENTS (HOLDING)
Source text: [ID:]
Further company coverage: INED.NS
(([email protected];;))
Jan 17 (Reuters) - Info Edge (India) Ltd INED.NS:
TO INVEST ABOUT 900 MILLION RUPEES IN STARTUP INVESTMENTS (HOLDING)
Source text: [ID:]
Further company coverage: INED.NS
(([email protected];;))
Jan 6 (Reuters) - Info Edge (India) Ltd INED.NS:
STANDALONE BILLINGS FOR Q3 FY24 AT 6.68 BILLION RUPEES
Further company coverage: INED.NS
(([email protected];;))
Jan 6 (Reuters) - Info Edge (India) Ltd INED.NS:
STANDALONE BILLINGS FOR Q3 FY24 AT 6.68 BILLION RUPEES
Further company coverage: INED.NS
(([email protected];;))
** Shares of online services provider Info Edge (India) INED.NS rise as much as 2.7% to hit a record high of 8,481.40 rupees
** The recruitment segment of the co continues to witness gradual recovery, driven by improved hiring sentiments in the IT sector, brokerage Centrum says after meeting with management
** Maintains "add" rating while raising TP to 8,808 rupees from 8,630 rupees
** Operating losses in 99acres and Jeevansathi have been easing and both these businesses are expected to breakeven over the next 1.5 years - Centrum
** Brokerage expects revenue/EBITDA/PAT to grow at 16.7%/18.4%/17.9% over FY24-FY27
** Avg rating of 19 analysts equivalent of "buy", median PT is 8,311 rupees - LSEG data
** Stock has gained 64.3%, YTD, and on track for best yearly rise since 2020
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of online services provider Info Edge (India) INED.NS rise as much as 2.7% to hit a record high of 8,481.40 rupees
** The recruitment segment of the co continues to witness gradual recovery, driven by improved hiring sentiments in the IT sector, brokerage Centrum says after meeting with management
** Maintains "add" rating while raising TP to 8,808 rupees from 8,630 rupees
** Operating losses in 99acres and Jeevansathi have been easing and both these businesses are expected to breakeven over the next 1.5 years - Centrum
** Brokerage expects revenue/EBITDA/PAT to grow at 16.7%/18.4%/17.9% over FY24-FY27
** Avg rating of 19 analysts equivalent of "buy", median PT is 8,311 rupees - LSEG data
** Stock has gained 64.3%, YTD, and on track for best yearly rise since 2020
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Nov 19 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - TO INVEST 30 MILLION RUPEES IN UNIT NEWINC INTERNET SERVICES
Source text: [ID:]
Further company coverage: INED.NS
(([email protected];))
Nov 19 (Reuters) - Info Edge (India) Ltd INED.NS:
INFO EDGE (INDIA) - TO INVEST 30 MILLION RUPEES IN UNIT NEWINC INTERNET SERVICES
Source text: [ID:]
Further company coverage: INED.NS
(([email protected];))
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What does Info Edge (India) do?
Info Edge (India) is primarily engaged in providing online & offline services primarily through its online portals such as Naukri.com, Jeevansathi.com, 99acres.com, shiksha.com, iimjobs.com & offline portal Quadrangle.com. It has also made forays abroad into the Gulf market with the website www.naukrigulf.com and currently has offices Dubai, Bahrain, Riyadh and Abu Dhabi. The company's spirit of entrepreneurship has also been evident in the investments it has made in early stage companies/start-up ventures to tap into the growing and vibrant Indian internet market.
Who are the competitors of Info Edge (India)?
Info Edge (India) major competitors are TeamLease Services, Integrated Personnel, CarTrade Tech, Indiamart Intermesh, Indiabulls, Just Dial. Market Cap of Info Edge (India) is ₹87,764 Crs. While the median market cap of its peers are ₹5,849 Crs.
Is Info Edge (India) financially stable compared to its competitors?
Info Edge (India) seems to be less financially stable compared to its competitors. Altman Z score of Info Edge (India) is 5.63 and is ranked 5 out of its 7 competitors.
Does Info Edge (India) pay decent dividends?
The company seems to pay a good stable dividend. Info Edge (India) latest dividend payout ratio is 37.53% and 3yr average dividend payout ratio is 42.42%
How has Info Edge (India) allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Info Edge (India) balance sheet?
Balance sheet of Info Edge (India) is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Info Edge (India) improving?
Yes, profit is increasing. The profit of Info Edge (India) is ₹1,900 Crs for TTM, ₹1,450 Crs for Mar 2026 and ₹962 Crs for Mar 2025.
Is the debt of Info Edge (India) increasing or decreasing?
The net debt of Info Edge (India) is decreasing. Latest net debt of Info Edge (India) is -₹751.28 Crs as of Mar-26. This is less than Mar-25 when it was -₹531.51 Crs.
Is Info Edge (India) stock expensive?
Info Edge (India) is not expensive. Latest PE of Info Edge (India) is 54.87, while 3 year average PE is 78.74. Also latest EV/EBITDA of Info Edge (India) is 69.99 while 3yr average is 96.24.
Has the share price of Info Edge (India) grown faster than its competition?
Info Edge (India) has given better returns compared to its competitors. Info Edge (India) has grown at ~17.37% over the last 3yrs while peers have grown at a median rate of 14.0%
Is the promoter bullish about Info Edge (India)?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Info Edge (India) is 37.47% and last quarter promoter holding is 37.5%
Are mutual funds buying/selling Info Edge (India)?
The mutual fund holding of Info Edge (India) is increasing. The current mutual fund holding in Info Edge (India) is 19.21% while previous quarter holding is 15.58%.