Business · Updated 28 Oct, 02:21 pm IST
Info Edge Q2 Profit Rises 87% to ₹649.8 Cr, Declares ₹3 Interim Dividend
Why it matters for readers: It explains why the company’s profit rose sharply even though core operating revenue rose modestly.
- Consolidated net profit for Q2 FY27 was ₹649.8 crore, up 87% from ₹347.5 crore a year earlier.1
- Other income surged 164.8% YoY to ₹428.4 crore, lifting total income to ₹1,332.3 crore for the quarter.1
- Operating revenue increased 12.2% YoY to ₹903.9 crore, while consolidated expenses grew 4.5% YoY to ₹588.6 crore.1
- The company gained ₹4 crore profit from joint ventures and reported total tax expenses of ₹98 crore for the quarter.1
- Info Edge’s board approved an interim dividend of ₹3 per share, with November 6 as record date and payment on or after November 23.1
Get a brief like this every morning
Uzha reads hundreds of sources and gives you the stories that matter for your work, with every source linked. Free.
Get started