Info Edge （INFOE.IB） Q1FY25： In~line results with growth across segments
2024-08-12 02:50
ab 11 August 2024 Global Research and Evidence Lab First Read Info Edge (India) Q1FY25: In-line results with growth across segments Q: How did the results compare vs expectations? A: Info Edge delivered broadly in-line Q1FY25 results. Revenues were up c9% YoY (+c5% QoQ, in line with UBSe), with recruitment growing c6% YoY (+c4% QoQ, c1% below UBSe), 99 Acres growing c20% YoY (+c7% QoQ, c2% below UBSe) and matrimony growing 35% YoY (8% QoQ, 13% above UBSe). Despite sequential revenue growth, higher advertisi ...