Swiggy Reports ₹625.5 Cr Net Loss in Q2 Despite Revenue Growth
Info Edge Q3 Results FY2023, Net loss at Rs. 84.26 crores
Last Updated: 13th February 2023 - 01:35 pm
On 10th February, Info Edge announced its results for the third quarter of FY2023.
Key Highlights:
- The company reported revenue at Rs. 555.18 crores
- Loss before tax stood at Rs. 31.98 crores.
- The company reported a net loss of Rs. 84.26 crores.
Business Highlights:
- The recruitment solutions business revenue stood at Rs 436.8 crores, a growth of 40.3% YoY.
- Shiksha reported revenues of Rs 27.7 crores, a YOY growth of 26.2%.
- 99acres reported revenues of Rs 72.9 crores for the quarter, a growth of 24.4% YOY.
- Jeevansathi's revenues for the quarter were down 26.3% and closed at Rs 17.9 Crores.
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