Info Edge Q3 results: Net profit jumps 61% to Rs 242.6 cr on high revenue
By
Binu Mathew
Info Edge – the parent entity of Naukri – on Wednesday reported a 61 per cent year-on-year rise in consolidated net profit at about Rs 242.6 crore for quarter ended December 2024, and the board also approved split of shares in the ratio of 1:5.
The share split is aimed at enhancing the liquidity of company’s equity shares and encouraging participation of retail investors by making shares of the company more affordable, according to a statutory filing by Info Edge.