Info Edge (India) announced that its wholly owned subsidiary, Startup Investments (Holding) has agreed to invest about Rs 4 crore in LQ Global Services (Legitquest). LegitQuest is SaaS product at the intersection of Technology & Legal utilizing Machine Learning, Modern Search algorithm & Data Analytic for the legal professionals. It is a Legal-Tech venture run by versatile team of tech-savvy attorneys, engineers and designers who aim to make the practice of law simpler for its end users.Powered by Capital Market - Live News

Info Edge (India) announced that the Board of Directors of the Company at its meeting held on 8 November 2024, inter alia, have recommended the interim dividend of Rs 12 per equity Share (i.e. 120%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Info Edge (India) announced that the Board of Directors of the Company at its meeting held on 08 November 2024, has recommended a Interim 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) declined 88.66% to Rs 23.26 crore in the quarter ended September 2024 as against Rs 205.13 crore during the previous quarter ended September 2023. Sales rose 11.98% to Rs 700.82 crore in the quarter ended September 2024 as against Rs 625.85 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales700.82625.85 12 OPM %21.9820.83 - PBDT362.18288.30 26 PBT335.30262.35 28 NP23.26205.13 -89 Powered by Capital Market - Live News

Info Edge (India) has approved investment of Rs 30 crore in Redstart Labs (India), wholly-owned subsidiary of the company. 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.Redstart is engaged in the business of direct or indirect investments in tech companies and providing all types of Internet services, development of software, consultancy, technical support for consumer companies, internet or SAAS providers, and any other services in the area of information technology and product development. Powered by Capital Market - Live News