Info Edge (India) Limited — Important, 06-01-2025: Updates
Standalone billings for the quarter ended December 31, 2024, reached ₹668.3 Cr, a notable increase from ₹576.9 Cr in the same quarter last year. For the nine months, billings totaled ₹1897.9 Cr, compared to ₹1669.0 Cr in the previous period.
Segment-wise analysis shows strong growth in Recruitment Solutions, generating ₹494.0 Cr for the quarter, up from ₹428.9 Cr year-over-year, and ₹1417.4 Cr for the nine months, compared to ₹1257.8 Cr the previous year. The 99acres real estate segment reported a quarterly revenue of ₹102.6 Cr, rising from ₹88.4 Cr, with nine-month earnings of ₹290.9 Cr versus ₹254.1 Cr. The 'Others' segment also grew, achieving ₹71.7 Cr for the quarter and ₹189.6 Cr for the nine months.
Overall, these figures suggest a positive outlook for the company, driven by robust performance across key segments. Investors should watch closely for further developments following the upcoming review by the Audit Committee and Board of Directors.
