Info Edge India Ltd Q1 FY24 consolidated net profit increases QOQ to Rs. 158.60 crores

Info Edge (India) Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 689.544 crores during the period ended June 30, 2023 as compared to Rs. 169.687 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 158.603 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -272.826 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 12.25 for the period ended June 30, 2023 as compared to Rs. -21.15 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 689.544 crs	₹169.687 crs	306.36%
Net Profit	₹158.603 crs	₹-272.826 crs	158.13%
EPS	₹12.25	₹-21.15	157.92%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 689.544 crores during the period ended June 30, 2023 as compared to Rs.874.594 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.158.603 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.178.936 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.12.25 for the period ended June 30, 2023 as compared to Rs.13.84 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 689.544 crs	₹874.594 crs	-21.16%
Net Profit	₹158.603 crs	₹178.936 crs	-11.36%
EPS	₹12.25	₹13.84	-11.49%

Shares of Info Edge (India) Limited was last trading in BSE at Rs. 4650.35 as compared to the previous close of Rs. 4689.15. The total number of shares traded during the day was 2949 in over 614 trades.

The stock hit an intraday high of Rs. 4713.45 and intraday low of 4622.20. The net turnover during the day was Rs. 13732234.00.

Source : Equity Bulls

Keywords

InfoEdgeIndia Q1FY24 ResultUpdate