22 May , 2026 By : Debdeep Gupta
Info Edge shares rose more than 6 percent on Friday after the company reported a 22 percent rise in net profit for the March quarter.
The stock touched an intraday high of Rs 985 per share on the National Stock Exchange (NSE), up 6.34 percent.
The company reported a consolidated net profit of Rs 565.7 crore for the quarter, compared with Rs 463.3 crore in the same period last year.
Revenue from operations rose 16 percent year-on-year to Rs 869 crore from Rs 750 crore. EBITDA increased 34 percent to Rs 333 crore from Rs 248 crore a year earlier. The EBITDA margin improved to 38.3 percent from 33.1 percent, according to CNBC-TV18.
Info Edge said its consumer internet platforms continued to show steady growth. Real estate portal 99acres posted 36 percent revenue growth during the quarter and turned EBIT positive, reported CNBC-TV18.
The company said both 99acres and matrimonial platform Jeevansathi gained market share during the quarter.
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