Info Edge zooms despite reporting 63% fall in Q4 consolidated net profit

23 Jun 2020 Evaluate

Info Edge (India) is currently trading at Rs. 2956.50, up by 185.90 points or 6.71% from its previous closing of Rs. 2770.60 on the BSE.

The scrip opened at Rs. 2745.00 and has touched a high and low of Rs. 2973.00 and Rs. 2732.90 respectively. So far 32218 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3125.00 on 10-Feb-2020 and a 52 week low of Rs. 1580.00 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2973.00 and Rs. 2623.70 respectively. The current market cap of the company is Rs. 35701.21 crore.

The promoters holding in the company stood at 40.48%, while Institutions and Non-Institutions held 48.83% and 10.69% respectively.

Info Edge (India) has reported 37.23% fall in its net profit of Rs 41.62 crore for the quarter ended March 31, 2020 as compared to Rs 66.31 crore for the same quarter in the previous year. However, total income of the company increased by 5.95% at Rs 342.29 crore for Q4FY20 as compared Rs 323.08 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 63.68% fall in its net profit attributable to equity holders of Rs 119.10 crore for the quarter ended March 31, 2020 as against Rs 327.91 crore for the same quarter in the previous year. However, total income of the company increased by 3.66% at Rs 349.60 crore for Q4FY20 as compared Rs 337.25 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the company has reported 26.99% fall in its net profit of Rs 205.67 crore as compared to Rs 281.70 crore for the previous year. However, total income of the company increased by 12.48% at Rs 1360.31 crore for year under review as compared to Rs 1209.41 crore for year ended March 31, 2019.

For the year ended March 31, 2020, on the consolidated basis, the company has reported net loss attributable to equity holders of Rs 237.62 crore as compared to net profit of Rs 603.65 crore for the previous year. However, total income of the company increased by 11.42% at Rs 1416.40 crore for year under review as compared to Rs 1271.25 crore for year ended March 31, 2019.

Info Edge Share Price

5497.35 24.10 (0.44%)
28-Mar-2024 16:01 View Price Chart
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