Bigul

INFO EDGE (INDIA) LTD. - 532777 - Announcement under Regulation 30 (LODR)-Acquisition

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
18-02-2023

Buy Infoedge; target of Rs 4600: HDFC Securities

HDFC Securities is bullish on Infoedge has recommended buy rating on the stock with a target price of Rs 4600 in its research report dated February 10, 2023.
17-02-2023

Info Edge CEO Hitesh Oberoi thinks US hiring slowdown is good for Indian firms, here's why

India is a solution, not the problem, says Info Edge CEO Hitesh Oberoi
14-02-2023

Info Edge share price falls 2nd day in a row on weak Q3 result

On February 13, stock was down by more than 10% as company slipped into losses in the December quarter (Q3FY23)
14-02-2023

Info Edge (India) Results Earnings Call for Q3FY23

Conference Call with Info Edge (India) Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
13-02-2023

Info Edge shares tank on Q3 loss, concerns over IT sector slowdown

The next few quarters will be crucial for Info Edge's flagship platform Naukri as IT hiring has slowed down considerably and non-IT demand may be unable to fully offset this slowdown
13-02-2023
Bigul

INFO EDGE (INDIA) LTD. - 532777 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Intimation of Publication of Un-audited Standalone & Consolidated Financial Results for the Quarter & Nine months ended December 31, 2022
11-02-2023

IT firm Info Edge reports loss of Rs 116.5 crore in December quarter

IT firm Info Edge on Friday posted a consolidated loss of Rs 116.5 crore in the third quarter ended December 31, 2022 mainly on account of write-off investment in property tech start-up 4B Networks, dip in valuation of some investments and slowing down of the job market. The company had posted a profit of Rs 4,601.87 crore in the same period a year ago. According to the company filing, Info Edge wrote off Rs 519.93 crore in property tech start-up 4B Networks, led by former Housing.com founder Rahul Yadav. "Investment in 4B Networks Pvt Ltd... amounting to Rs 5,199.31 million, (consisting of Rs 7,194.35 million Goodwill, Rs 807.73 million for net assets and reduced by non controlling interest payable of Rs 2802.77 million...) has been fully impaired," the filing said. The filing showed fair valuation of Info Edge investments in Zomato recorded a negative value of Rs 365.87 crore from Rs 95.96 crore in the December 2021 quarter. The September 2022 quarter, the fair valuation in Zomat
10-02-2023
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