NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.ICICI Securities ReportIn Q1 FY25, Info Edge India Ltd. grew revenues at 9.3% YoY, missing our estimates. However, management, on the call, sounded incrementally positive on the recovery of the recruitment business, given a sharp improvement in Jobspeak data in July 2024 and improving sentiment of their sales team.Info Edge is also investing in increasing its footprint in tier-2/3 cities, which is helping in boosting growth in the non-IT recruitment business. According to management, the real estate business was impacted in Q1 FY25 due to election uncertainty.The matrimonial and education businesses are both expected to breakeven by end-FY25. Management highlighted a potential recession in U.S as a key risk in the near term, which is contributing to uncertainty in the recovery of the IT recruitment business. Maintain 'Hold'.Click on the attachment to read the full report:Info Edge India Q1 Results Review - Broadly Inline; Green Shoots In IT Related Hiring: CentrumDISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.Users have no license to copy, modify, or distribute the content without permission of the Original Owner.