Info Edge (India) Ltd

Info Edge (India) has fixed 07 May 2025 as record date for determining entitlement of Equity Shareholders for the purpose of sub-division/ split of existing Equity Shares of the Company, such that 1 (one) equity share having face value of Rs 10 each, fully paid-up, will be sub-divided into 5 (five) equity shares having face value of Rs 2/- each, fully paid-up. Powered by Capital Market - Live

The standalone billings for the recruitment solutions segment stood at Rs 740.3 crore (up 18.37% YoY), while the real estate segment (99acres) saw billings of Rs 159.8 crore (up 21.89% YoY). Additionally, Rs 83.7 crore (up 18.72% YoY) came from other business segments. Info Edge (India) is among the leading internet companies in India. The company runs leading internet businesses, viz., Naukri.com, Jeevansathi.com, 99acres.com, and Shiksha.com. The company also owns Quadrangle and Naukri Gulf. It has made significant strategic investments such as zomato.com, policybazaar.com and happily unmarried.com etc. The company reported an 88% increase in standalone net profit to Rs 278.16 crore on 15.2% rise in revenue from operations to Rs 722.40 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

The Board of Info Edge (India) at its meeting held on 05 February 2025 has approved entering into contribution agreement with IE Venture Investment Fund III, a scheme to be launched by Karkardooma Trust, registered with SEBI as a Category II Alternative Investment Fund under SEBI (Alternative Investment Funds) Regulations, 2012 to commit contribution of up to Rs.1,000 crore in aggregate, directly or through wholly owned subsidiaries, subject to approval of SEBI and shareholders of the Company. The contribution can be made by the Company directly or through wholly owned subsidiary(ies) in accordance with the multiple drawdowns by the fund over the years. Powered by Capital Market - Live

Net profit of Info Edge (India) rose 60.56% to Rs 242.59 crore in the quarter ended December 2024 as against Rs 151.09 crore during the previous quarter ended December 2023. Sales rose 15.19% to Rs 722.40 crore in the quarter ended December 2024 as against Rs 627.12 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales722.40627.12 15 OPM %36.8029.18 - PBDT446.79210.95 112 PBT416.86185.14 125 NP242.59151.09 61 Powered by Capital Market - Live

The company's board approved the sub-division of existing one equity share having a face value of Rs 10 each into five equity shares of Rs 2 each fully paid-up, subject to the approval of the shareholders. The record date for the share split will be intimated in due course, it added. The rationale behind the split is to improve liquidity of the equity shares of the company and encourage participation of retail investors by making shares more affordable. The sub-division is expected to be completed within 2 months from the date of shareholder's approval. Visakhapatnam-based Coastal Corporation is one of the leading manufacturer and exporter of a wide variety of shrimp. The company exports various grades of shrimp to countries such as the United States, Europe, Canada, the United Arab Emirates, Saudi Arabia, and Hong Kong. On a consolidated basis, the company reported 88.6% drop in consolidated net profit to Rs 0.51 crore in Q2 FY25 over Q2 FY24. Net sales jumped 39% YoY to Rs 154.77 crore in the September 2024 quarter.Powered by Capital Market - Live

The Board of Info Edge (India) at its meeting held on 05 February 2025 has approved sub-division of equity shares of the company from one equity shares of face value of Rs 10 to five equity shares of face value of Rs 2 each. Powered by Capital Market - Live

Meanwhile, the board will also consider and approve the unaudited standalone & consolidated financial results for the quarter and nine months ended December 31, 2024. Info Edge (India) is among the leading internet companies in India. The company runs leading internet businesses viz. Naukri.com, Jeevansathi.com, 99acres.com and Shiksha.com. The company also owns Quadrangle and Naukri Gulf. It has made significant strategic investments such as zomato.com, policybazaar.com and happily unmarried.com etc. The company reported 69.5% decrease in standalone net profit to Rs 64.77 crore on 10.6% rise in revenue from operations to Rs 656.10 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Info Edge (India) has agreed to invest about Rs 90 crore in Startup Investments (Holding) (SIHL), a wholly owned subsidiary of the company. The present investment would help SIHL to explore investment opportunities including contribution to AIF(s) and other general purposes. The Company has agreed to acquire 4,193,849 Compulsorily Convertible Debentures (CCDs) at an issue price of Rs. 214.6/- each including premium of Rs. 114.6/- per CCD. Post this investment, SIHL remains the wholly-owned subsidiary of the Company. Powered by Capital Market - Live

Info Edge (India) will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live

The standalone billings for the recruitment solutions segment stood at Rs 494 crore (up 15.17% YoY) while the real estate segment's (99acres) billings were at Rs 102.6 crore (up 16.06% YoY) and Rs 71.7 crore (up 20.30% YoY) came from other business segments. Info Edge (India) is among the leading internet companies in India. The company runs leading internet businesses viz. Naukri.com, Jeevansathi.com, 99acres.com and Shiksha.com. The company also owns Quadrangle and Naukri Gulf. It has made significant strategic investments such as zomato.com, policybazaar.com and happily unmarried.com etc. The company reported 69.5% decrease in standalone net profit to Rs 64.77 crore on 10.6% rise in revenue from operations to Rs 656.10 crore in Q2 FY25 over Q2 FY24. Shares of Info Edge (India) were lower by 2.75% to Rs 8,567.55 on the BSE.Powered by Capital Market - Live