Info Edge (India) announced that its wholly owned subsidiary, Startup Investments (Holding) has agreed to invest about Rs 3.23 crore in Printo Document Services. Printo is a print-on-demand platform for personal and business print and corporate merchandise in India. The Company provides business cards, business stationary, ID cards/accessories, flyers/leaflets, posters, standees, brochures, signage, stickers, calendars and diaries; gift products; personalized greeting cards; photo books; Tshirts and apparel; and marketing collaterals. It retails its products online and via retail stores.SIHL has agreed to acquire 4,375 � 0.01% Compulsorily Convertible Preference Shares as primary acquisition of shares. The aggregate shareholding of the Company through SIHL, post this investment, in the said entity would be 28.82% on fully converted & diluted basis. Powered by Capital Market - Live News

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