Info Edge Q2 Profit Jumps 87% YoY To ₹650 Cr, Declares ₹3 Interim Dividend
Operating revenue increased to ₹903.9 Cr in the quarter, though much of the profit growth was driven by a sharp 164.8% YoY rise in other income to ₹428.4 Cr. Sequential net profit rose 32.6% from ₹490.1 Cr. The board authorized a ₹3 interim dividend per share with a record date of November 6 and payment on or after November 23. Consolidated expenses grew a modest 4.5% YoY.
Key points
- Net profit surged 87% YoY to ₹649.8 Cr; operating revenue up 12.2% YoY
- Other income jumped 164.8% YoY to ₹428.4 Cr, driving profit growth
- Interim dividend declared at ₹3 per share; record date November 6
- Sequential profit growth of 32.6% from Q1 FY27
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Inc42 did the reporting; read the original for the full story.
Read the full story at Inc42