Info Edge Q4 results: Consolidated profit zooms 667%, EBITDA rises 13%; company announces dividend of ₹3.6/share

Info Edge, the operator of job portal naukri.com and matrimonial website Jeevansathi, on Tuesday, May 27, reported consolidated net profit of ₹463 crore in January-March quarter, marking an increase of 667% from ₹60 crore in the same period last year. The sharp up move in profit came on the back of an exceptional gain.

Info Edge's revenue from operations advanced 14% to ₹750 crore as against ₹757 crore in the year-ago period.

The company's operational profit also known as earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 13% to ₹248 crore as against 219 crore in the corresponding period last year.

Its EBITDA margin remained largely unchanged at 33%.

The company’s board recommended final dividend of ₹3.60 per share.

At the end of March quarter Info Edge held 12.43% stake in Zomato and 12.52% stake in PB Fintech.

Following March quarter earnings, Info Edge shares 0.66% lower at ₹1,463.60, outperforming the NIFTY50 index which was down over 1%.