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Info Edge Q4 Review: Near-Term Upside Capped By Macro Uncertainty, Says ICICI Securities, Maintaining 'Hold'
ICICI Securities maintains 'Hold' with a revised target price of Rs 1,530 (earlier Rs 8,000 stock split 1:5), valuing Info Edge using the SoTP framework.
28 May 2025, 12:25 PM IST 
Info Edge's overall billing was Rs 9.8 billion, up 47.2% QoQ/19.0% YoY.
(Photo source: Company website)
Info Edge's revenue in Q4 FY25 was Rs 6.9 billion, up 2.3% QoQ/13.0% YoY. Overall billing was Rs 9.8 billion, up 47.2% QoQ/19.0% YoY. Ebitda was Rs 2.6 billion (down 10.6% QoQ/up 4.9% YoY). Ebitda margin was 37.7% (down 546 bps QoQ/290 bps YoY). Net recurring income was Rs 2.5 billion.
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