Naukri.com’s Parent Co. Soars: 61% Profit Jump!

Info Edge’s Stellar Q3 Results Boost Investor Confidence

The Indian [[business]] market experienced a positive surge today as Info Edge Ltd., the parent company of the well-known job portal Naukri.com, announced impressive financial results for the third quarter of fiscal year 2025. The company reported a significant 61% jump in net profit, reaching Rs 243 crore, compared to Rs 151 crore in the same period last year. This [[positive]] news immediately impacted the market, sending the company’s share price up by over 3%.

Strong Financial Performance Drives Growth

This impressive growth wasn’t limited to net profit. Info Edge also saw a healthy 15.2% year-on-year increase in revenue, reaching Rs 722 crore from Rs 627 crore. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) also saw a substantial rise, increasing by 34% to Rs 272 crore compared to Rs 203 crore the previous year. The improved EBITDA margin, now at 37.6% compared to 32.3% last year, further underlines the company’s strong financial health. These latest business updates showcase Info Edge’s robust performance in the current market conditions.

Market Reaction and Investor Sentiment

The market reacted favorably to this positive news. Shares of Info Edge experienced a significant rise, reaching a high of 3.65% before settling at a 2.21% increase at Rs 7,876 apiece. This performance is even more impressive when compared to the relatively flat NSE Nifty 50 index. The stock has shown consistent growth over the past 12 months, with an increase of 48%. High trading volumes, exceeding the 30-day average by 1.1 times, further indicate strong investor interest. Analyst sentiment remains largely positive, with 16 out of 20 analysts maintaining a ‘buy’ rating, suggesting confidence in the company’s future prospects. The average 12-month analysts’ consensus price target implies a potential upside of 8.1%.

Info Edge’s Position in the Indian Tech Landscape

Info Edge, a prominent player in the Indian technology sector, operates a portfolio of online classifieds businesses. Its flagship platform, Naukri.com, remains a leading employment website in India. This latest financial success reinforces its position as a key player in the growing Indian tech market. The company’s continued innovation and strong financial results are likely to attract further investor interest.

Looking Ahead

The positive financial updates from Info Edge are a significant boost to the Indian tech sector and are indicative of a healthy growth trajectory for the company. The positive investor sentiment and strong market reaction suggest a promising outlook for Info Edge in the coming months. The company’s performance is a positive indicator for the overall Indian business climate and provides a reason for optimism regarding continued growth in the sector.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top