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Info Edge Share Price Rises 2.26%; Reports 12.8% Revenue Growth in Q3 FY25 Results

Written by: Nikitha DeviUpdated on: Feb 6, 2025, 10:02 AM IST
Naukri share price in focus. Info Edge revenue in Q3 FY 2025 is up 12.8% YoY to ₹671.5 crore, with billings up 15.8% to ₹668.3 crore. Operating profit jumps 20.4% to ₹263.4 crore.
Info Edge Share Price Rises 2.26%; Reports 12.8% Revenue Growth in Q3 FY25 Results
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Info Edge (India) Limited (Naukri), announced financial results for the quarter ended December 31, 2024.

Post the announcement, on February 6, 2025, Info Edge share price (NSE: NAUKRI) opened at ₹8,100.00, up from its previous close of ₹7,941.15. At 9:55 AM, the share price of Naukri was trading at ₹8,121.00, up by 2.26% on the NSE.

Revenue and Billings Growth

Info Edge achieved a 12.8% year-on-year increase in standalone Revenue from Operations, reaching ₹671.5 crore compared to ₹595.4 crore in the same quarter last year.

Standalone billings also saw growth of 15.8%, reaching ₹668.3 crore. The recruitment business led the charge with a 15.2% billing increase. Non-recruitment verticals also contributed significantly, with 99acres (real estate) billings up 16.0%, Jeevansathi (matrimony) billings surging 36.0%, and Shiksha (education) billings growing by 12.3%.

Profitability and Cash Generation

The company’s operating profit margin improved to 39.2% of revenue. Standalone operating profit grew by an impressive 20.4%, reaching ₹263.4 crore, up from ₹218.7 crore in the corresponding quarter of the previous fiscal.

Info Edge generated cash from operations (before taxes) of ₹345.8 crore during the quarter, highlighting the company’s financial health.

Commenting on the results, the Managing Director and Chief Executive Officer, Mr Hitesh Oberoi, 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.”

Mr. Chintan Thakkar, Director and Chief Financial Officer stated, “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.”

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 6, 2025, 10:02 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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