Info Edge Q3 Results: Net profit down 6% to ₹200 crore, revenue up 13%

In the year-ago period, the post-tax profit was at ₹213.5 crore.

Revenue from operations increased 12.79% to ₹671.52 crore in the latest October-December quarter, compared to ₹595.35 crore in the corresponding period last fiscal year.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 20.5% to ₹290 crore in Q3 FY25 as against ₹240.5 crore in the same period a year back. EBITDA margin is at 43% vs 40.4% in the year-ago period.

Info Edge share price

Following the earnings announcement, the company's shares were trading 3.18% higher at ₹7,949 apiece on the National Stock Exchange (NSE) at 2:25 pm.

Info Edge Board approves 1:5 stock split

In another regulatory filing, the company's Board of Directors approved a 1:5 stock split, subject to the shareholders' approval.

"The record date for the purpose of the sub-division/split of equity shares shall be decided after taking aforesaid approval of the shareholders of the Company and the same will be intimated in due course," Info Edge said.

Billings for the company on a standalone basis for the quarter under review grew by 15.8% year on year (YoY) to ₹668.3 crore.

While announcing the results, Hitesh Oberoi, Managing Director and Chief Executive Officer said, "In Q3, we achieved 16% billing growth, driven by consistent performance across all four verticals. Our recruitment business continued its growth trajectory across all segments, contributing to improved operating profits. Additionally, the non-recruitment businesses are also nearing breakeven, further strengthening our position for sustained growth."

Chintan Thakkar, Director and Chief Financial Officer, said, "With an overall improvement in business performance, we witnessed 20% year-over-year growth in standalone operating profits and 27% year-over-year growth in cash generated from operations. As of December 31, 2024, our cash balance stood at ₹4,290 crore, highlighting our strong financial position."

Year-to-date, the stock declined 8.55%, while it has risen 52% in the past year.