Info Edge India Q2 Results Live: Profit Falls by 88.66% YOY
Info Edge India Q2 Results Live : Info Edge India announced its Q2 results on November 8, 2024, revealing a significant increase in topline revenue by 11.98% year-on-year. However, the company faced a drastic decline in profit, which plummeted by 88.66% compared to the same quarter last year.
In comparison to the previous quarter, Info Edge reported a growth in revenue of 3.56%, while profit saw a staggering decrease of 90.01%. This has raised concerns among investors regarding the company’s profitability amid rising costs.
