Info Edge Q3 Results FY2023, Net loss at Rs. 84.26 crores

Info Edge Q3 Results FY2023

Corporate Action
by Shreya Anaokar Last Updated: Feb 13, 2023 - 01:35 pm 530 Views

On 10th February, Info Edge announced its results for the third quarter of FY2023.

Key Highlights:

- The company reported revenue at Rs. 555.18 crores
- Loss before tax stood at Rs. 31.98 crores.
- The company reported a net loss of Rs. 84.26 crores.

Business Highlights:

- The recruitment solutions business revenue stood at Rs 436.8 crores, a growth of 40.3% YoY.
- Shiksha reported revenues of Rs 27.7 crores, a YOY growth of 26.2%.
- 99acres reported revenues of Rs 72.9 crores for the quarter, a growth of 24.4% YOY.
- Jeevansathi's revenues for the quarter were down 26.3% and closed at Rs 17.9 Crores.
 


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About the Author

Shreya Anaokar is a Content Writer at 5paisa. She has completed her Master’s in Finance and Graduation in Statistics from the University of Mumbai. 

Disclaimer

Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.

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