Info Edge Share Price Rises After Q4 Billings Jump
Info Edge (India) standalone billings increased by 19% year-on-year to Rs 984 crore.
Info Edge (India) Ltd., the parent company of Naukri.com, saw its share price surge following the release of a robust business update for the fourth quarter. The company's standalone billings increased by 19% year-on-year to Rs 984 crore, as per an exchange filing.
In the third quarter of financial year 2025, Info Edge reported a net profit of Rs 243 crore, marking a 60.6% increase from Rs 151 crore in the same period last year.
Earnings before interest, taxes, depreciation, and amortisation rose by 34% to Rs 272 crore in the third quarter, compared to Rs 203 crore in the previous year. The company's Ebitda margin improved to 37.6% in the October-December period, compared to 32.3% in the same quarter last year.
The strong business update had a positive impact on Info Edge's share price, which jumped over 5% on Tuesday.
Info Edge Share Price Today
Shares of Info Edge rose as much as 5.26% to Rs 6,710 apiece. They pared gains to trade 4.08% higher at Rs 6,634.95 apiece, as of 01:45 p.m. This compares to a 1.76% advance in the NSE Nifty 50.
The stock has risen 6.58% in the last 12 months. Total traded volume so far in the day stood at 1.1 times its 30-day average. The relative strength index was at 40.34.
Out of 21 analysts tracking the company, 16 maintain a 'buy' rating, four recommend a 'hold' and one suggests 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 25.1%.
