Info Edge Q4 Results: Loss narrows to Rs 273 crore; revenue jumps 28%
By
Binu Mathew
Info Edge on Friday reported that its consolidated net loss narrowed to Rs 273 crore over previous year during the three months ended March period. The company had posted a loss of Rs 629 crore in the year-ago quarter.
However, on a sequential basis, net loss widened from Rs 116 crore reported in the December quarter.
Revenue from operations increased 28% to Rs 605 crore for the period under review. The same stood at Rs 473 crore in the corresponding period of last year.