Naukri parent Info Edge posts 8% on year rise in Q1 revenue to Rs 677 crore
Info Edge, the parent firm of Naukri, recorded an 8% YoY growth in operating revenue, reaching Rs 677 crore for the quarter that ended in June 2024. Net profit increased to Rs 259 crore. Recruitment solutions saw a 5% rise, while Jeevansathi neared breakeven. The company had a cash balance of Rs 4,255 crore as of June 30, 2024.