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Q1FY21 results: Info Edge (India) net profit rises by 149.06 per cent YoY to Rs 93.66 crore

Ganesh V
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Q1FY21 results: Info Edge (India) net profit rises by 149.06 per cent YoY to Rs 93.66 crore

Info Edge (India) Limited announced its Q1FY21 results on Sep 7, 2020. The consolidated net profit in Q1FY21 came in at Rs 93.66 crore, which rose by 149.06 per cent, as compared to Q1FY20, when it reported a loss of Rs 190.91 crore.

The company reported consolidated net sales of Rs 285 crore in Q1FY21, which declined by 10.85 per cent YoY from Rs 319.7 crore in Q1FY20.

The company posted EBITDA of Rs 104 crore in Q1FY21 that rose by  16.62 per cent YoY. For Q1FY20, it had posted EBITDA of Rs 89.18 crore.

EBITDA margin as of Q1FY21 was at 36.49 per cent that rose  by 8.6 per cent YoY. EBITDA margin for Q1FY20 was 27.89 per cent. The net profit margin in Q1FY21 came in at 32.86 per cent, which rose by 92.58 per cent YoY. The net profit margin for Q1FY20 was -59.72 per cent.

The share price of the company closed at  Rs 3291.9, down by 1.37 per cent. 

Particulars

Q1FY21 (Rs in cr)

Q1FY20 (Rs in cr)

Per cent change

Net Profit(loss)

93.66

(190.91)

149.06

Net Revenue

285.00

319.70

-10.85

Operating Profit

104.00

89.18

16.62

EBITDAM%

36.49

27.89

8.60

PATM%

32.86

-59.72

92.58

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