Info Edge (India) Full Year 2024 Earnings: Misses Expectations

Info Edge (India) (NSE:NAUKRI) Full Year 2024 Results

Key Financial Results

• Revenue: ₹25.4b (up 8.1% from FY 2023).
• Net income: ₹5.75b (up from ₹1.07b loss in FY 2023).
• Profit margin: 23% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: ₹44.59 (up from ₹8.34 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Info Edge (India) Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 16%.

The primary driver behind last 12 months revenue was the Recruitment Solutions segment contributing a total revenue of ₹18.8b (74% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to ₹3.42b (46% of total expenses). Explore how NAUKRI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Asia.

Performance of the market in India.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Info Edge (India), and understanding these should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com