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Net profit plunges 93% YoY to Rs 334 crore, revenue rises 13%; co declares Rs 3/share interim dividendInfo Edge reported a sharp year-on-year decline in Q2 net profit due to a large exceptional gain in the previous year, while revenue and op...- Info Edge CEO Hitesh Oberoi to step down after 16 years at helm; Sanjeev Bikhchandani to take overHitesh Oberoi, after nearly 27 years, has stepped down as managing director and CEO of Info Edge, announcing his transition towards higher ...
- Info Edge Q2 profit rises 87% to Rs 650 crore as Naukri, 99acres growOther income rose to Rs 428 crore from Rs 162 crore, contributing to the sharp increase in reported profit. The underlying business also st...
- Warren Buffett and IBM: Praying the stock price goes nowhere. The maths explains whyHe is not being clever. He does the arithmetic and shows you exactly how much a falling price would be worth to him. Then he turns on the a...
- Texas woman shocked as Amazon drone drops her package straight into swimming pool in wild delivery fail, she says 'I don’t think I’ll be wanting more deliveries'A Texas woman was left stunned when an Amazon Prime Air drone dropped her package directly into her swimming pool. The bizarre delivery was...
- Yulu, Bounce chase fresh funds; MPs target social mediaHappy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in...
- Info Edge shares jump 4% after strong Q1 show. What Nomura, Nuvama and other brokerages expect nextInfo Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-ye...
- Info Edge Q1 profit rises 43% to Rs 490 crore as Naukri, 99acres gather paceInfo Edge reported a strong June quarter with a 43% net profit increase. Enterprise hiring and 99acres momentum significantly boosted core ...
- Info Edge Q1 Results: Standalone Profit falls 6% YoY to Rs 245 croreInfo Edge reported a 6% YoY decline in Q1 standalone net profit to Rs 245 crore, impacted by a Rs 72.1 crore exceptional loss. However, rev...
- Info Edge shares rally 19% in 2 days after Q1 update. Here’s what Nomura, Goldman Sachs, other brokerages sayInfo Edge shares surged significantly after releasing its Q1 FY27 business update. The company reported a 14% increase in standalone billin...
- Info Edge gets whistle-blower complaint alleging company policy violations by certain staff in 99acresThe audit committee and board of directors have noted the contents of the allegations and mandated a reputed specialist law firm to indepen...
- Buy Info Edge, target price Rs 7,800: JM FinancialJM Financial recommends a 'buy' for Info Edge (India), setting a target price of Rs 7,800. Recruitment billings surged by 18.4% year-over-y...
- Naukri shares tumble 3% on reporting 12% YoY jump in Q2 standalone billingsInfo Edge (India) shares fell 3.3% despite a 12% YoY billing increase to Rs 650.3 crore for Q2. The company reported strong profit growth a...
- Info Edge March 2023 quarter billings up 3.5 pc to Rs 827 crRecruitment Solutions billing grew by 7.18 per cent during the quarter to Rs 625.4 crore from Rs 583.5 crore in March 2023 quarter.
- Info Edge Q4 Results: Loss at Rs 273 crore; revenue jumps 28%Revenue from operations increased 28% to Rs 605 crore for the period under review. The same stood at Rs 473 crore in the corresponding peri...
- In December, there was positive growth in Naukri biz in terms of billing: Hitesh OberoiIn both Naukri and 99acres we expect Q4 to be a lot better than Q4, says Info Edge India MD & CEO.
- Sell Info Edge, target price Rs 2,135: ICICI SecuritiesThe brokerage expects overall revenues to decline by 9% in FY21.
- Info Edge Q3 profit rises 13% YoY to Rs 53 croreAn exceptional item of about Rs 17 crore took away some sheen off the profit.
- Hold BHEL, target Rs 160 : SharekhanHold Bharat Heavy Electricals Ltd. at a price target of Rs 160 and that can be reached in a year.
- Industrial corridors tool to favour private companies: CongressThe party has opposed the passage of the bill in Lok Sabha, terming it as "pro-corporate" and "anti-farmer".
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