Info Edge (India) Limited — Updates, 05-02-2025: Press Release

**Updates:**

Info Edge (India) Limited reported a 12.8% increase in standalone revenue from operations, reaching ₹671.5 crore for the quarter ending December 31, 2024. The recruitment business continued to perform well alongside non-recruitment segments, which experienced reduced operating losses. Standalone billings rose by 15.8% year-over-year to ₹668.3 crore. The company saw significant improvements across all business verticals, with the recruitment segment registering a billing growth of 15.2%, while 99acres, Jeevansathi, and Shiksha experienced growth rates of 16.0%, 36.0%, and 12.3% respectively. Operating profit margin improved to 39.2%, resulting in a 20.4% rise in operating profits at ₹263.4 crore. These positive metrics indicate a strong outlook for sustained growth, as cash generated from operations also increased by 26.9% year-over-year to ₹346 crore.

**Company Announcements:**

The Board of Info Edge (India) Limited has approved a revised Scheme of Amalgamation that now includes Allcheckdeals India Private Limited as a transferor company, alongside previously approved subsidiaries. This amalgamation aims to streamline operations and enhance management efficiency by amalgamating the subsidiaries into the parent company, subject to necessary regulatory approvals. The restructuring is expected to simplify the corporate structure and improve operational performance. Additionally, the Board approved the sub-division of equity shares from face value ₹10 to ₹2, subject to shareholder approval, which could enhance liquidity and broaden investor participation.