Info Edge (India) announced that the Board of Directors of the Company at its meeting held on 16 May 2024, has recommended a Final dividend of Rs.12 per share (i.e.120%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Info Edge (India) reported to Rs 60.39 crore in the quarter ended March 2024 as against net loss of Rs 272.83 crore during the previous quarter ended March 2023. Sales rose 8.70% to Rs 657.42 crore in the quarter ended March 2024 as against Rs 604.78 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 575.21 crore in the year ended March 2024 as against net loss of Rs 107.41 crore during the previous year ended March 2023. Sales rose 8.13% to Rs 2536.34 crore in the year ended March 2024 as against Rs 2345.69 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales657.42604.78 9 2536.342345.69 8 OPM %31.0917.74 -27.5314.38 - PBDT350.04-329.28 LP 1089.74722.88 51 PBT324.42-349.49 LP 988.61649.86 52 NP60.39-272.83 LP 575.21-107.41 LP Powered by Capital Market - Live News

Info Edge (India) will hold a meeting of the Board of Directors of the Company on 16 May 2024Powered by Capital Market - Live News

Info Edge (India) has invested Rs 30 crore in Redstart Labs (India) , wholly-owned subsidiary of the Company. The Company already holds 100% stake in Redstart on a fully converted and diluted basis. The transaction is done at Arm`s Length basis. The Company has agreed to acquire 3,000,000 Compulsorily Convertible Debentures (CCDs) having face value of Rs. 100/- each. Post this investment, Redstart remains the wholly-owned subsidiary of the Company. Powered by Capital Market - Live News

Net profit of Info Edge (India) reported to Rs 151.09 crore in the quarter ended December 2023 as against net loss of Rs 116.53 crore during the previous quarter ended December 2022. Sales rose 6.38% to Rs 627.12 crore in the quarter ended December 2023 as against Rs 589.52 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales627.12589.52 6 OPM %29.1826.27 - PBDT210.95531.49 -60 PBT185.14511.23 -64 NP151.09-116.53 LP Powered by Capital Market - Live News