Earnings Alerts

Info Edge India (INFOE) Earnings: 4Q Net Income Falls Short of Estimates Despite Revenue Growth

  • Info Edge India‘s 4Q net income is reported at 2.11 billion rupees, showing an increase of 18% y/y, slightly missing the estimated 2.17 billion rupees.
  • Revenue for the 4Q is at 6.08 billion rupees, a 7.8% growth y/y, still slightly short of the estimated 6.18 billion rupees.
  • Revenue from recruitment solutions is reported at 4.52 billion rupees, increasing by 3.2% y/y but below the estimated 4.68 billion rupees.
  • The company’s 99acres revenue is documented at 925.7 million rupees, showing a hike of 23% y/y but lower than the estimated 953.2 million rupees.
  • The others revenue section indicates 633.9 million rupees, giving a significant increase of 25% y/y and surpassing the estimate of 575.9 million rupees.
  • Additional income indicates an impressive increase of 67% to 728.1 million rupees y/y.
  • Total costs for the 4Q are calculated at 3.83 billion rupees, marking a growth of 7% y/y.
  • The info edge showed a one-time loss of 121.4M Rupees in 4Q.
  • Stocks depreciated by 3.9% to 5,711 rupees with a total of 214,237 shares traded.
  • Currently, there are 13 buys, 6 holds, and 4 sells for the company’s stocks.

A look at Info Edge India Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth2
Resilience4
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Info Edge India, the operator of online job posting and matrimonial websites, showcases a promising long-term outlook based on its Smartkarma Smart Scores. With a solid overall outlook reflected in the scores of its Value, Dividend, Resilience, and Momentum, the company seems well-positioned for sustained growth. The company’s resilience and momentum scores, both standing at 4, indicate a strong ability to weather economic uncertainties and maintain a positive market momentum. This, coupled with respectable scores in the areas of value and dividends, suggests a robust foundation for future success in the evolving digital landscape.

As per the information provided, Info Edge India shows strength across multiple key factors essential for long-term success. While its growth score stands at 2, the company’s other scores paint a picture of stability and potential for steady performance over time. With its core operations focused on online job postings and matrimonial services, Info Edge India appears to have a well-rounded approach to meeting the needs of recruiters, job seekers, and individuals seeking life partners, positioning it favorably for sustained growth in the digital services sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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