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Info Edge Q3 PAT slips 22% YoY

Info Edge (India) reported 22.7% decline in standalone net profit to Rs 69.87 crore on 15% fall in net sales to Rs 272.30 crore in Q3 FY21 over Q3 FY20. Billing in the third quarter was at Rs 297 crore, down by 1% as compared to the corresponding quarter in FY 2019- 20. The deferred sales revenue (amount collected in advance) as at 31 December 2020 was Rs 393.5 crore, down by 13.9% over the quarter ended 31 December 2019. Operating EBITDA declined by 35.6% to Rs 68.2 crore in Q3 December 2020 f...
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Info Edge corrects on profit booking

Info Edge (India) fell 1.96% to Rs 5392.75 as the counter witnessed some bit of profit taking after a recent steep surge. The stock gained 15.72% in two sessions to end at Rs 5,500.80 yesterday, from its recent closing of Rs 4,753.70 recorded on 1 January 2021. In the past six months, the scrip has zoomed 93.57% while the benchmark Sensex has added 32.70% during the same period. On the technical front, the stocks RSI (relative strength index) stood at 77.591. The RSI oscillates between zero an...
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