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Info Edge India Ltd Q1FY22 consolidated net profit declines QoQ to Rs. 152.33 crores



Posted On : 2021-08-17 18:13:51( TIMEZONE : IST )

Info Edge India Ltd Q1FY22 consolidated net profit declines QoQ to Rs. 152.33 crores

Info Edge(India) Ltd. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.380.14 crores during the period ended June 30, 2021 as compared to Rs.359.33 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.152.33 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.306.21 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.11.77 for the period ended June 30, 2021 as compared to Rs.23.69 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 380.14 crs₹ 359.33 crsUp Tick 5.79%
Net Profit₹ 152.33 crs₹ 306.21 crsDown Tick -50.25%
EPS₹ 11.77₹ 23.69Down Tick -50.32%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.380.14 crores during the period ended June 30, 2021 as compared to Rs.308.88 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.152.33 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.93.66 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.11.77 for the period ended June 30, 2021 as compared to Rs.7.60 for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 380.14 crs₹ 308.88 crsUp Tick 23.07%
Net Profit₹ 152.33 crs₹ 93.66 crsUp Tick 62.64%
EPS₹ 11.77₹ 7.60Up Tick 54.87%

Commenting on the results, Mr. Chintan Thakkar, CFO said "We have witnessed continued recovery during the quarter, led by billings growth over Q1 FY21 across all four verticals - Recruitment Solutions 73.6%, 99acres 59.6%, Jeevansaathi 10.2% and Shiksha 101.9%."

Shares of Info Edge(India) Ltd. was last trading in BSE at Rs. 5455.5 as compared to the previous close of Rs. 5440.6. The total number of shares traded during the day was 6831 in over 1642 trades.

The stock hit an intraday high of Rs. 5478.95 and intraday low of 5347.85. The net turnover during the day was Rs. 36898335.

Source : Equity Bulls

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