Info Edge Q2 Results: Cons PAT soars 1,260% YoY to Rs 316 crore on one-time gain, revenue rises 15%
By
Binu Mathew
Info Edge (India) on Wednesday reported a 1,260% surge in its consolidated Q2 net profit at Rs 316.395 crore versus Rs 23.259 crore in the year-ago period. The profit after tax (PAT) is attributable to the parent’s equity holders. The company reported exceptional gains of Rs 25 crore in the quarter under review.
Info Edge’s revenue from operations in the quarter stood at Rs 805 crore, up 15% over Rs 701 crore in the corresponding quarter of the last financial year.
