Info Edge Q4 Results: Loss narrows to Rs 273 crore; revenue jumps 28%

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.

The Board has approved a final dividend of Rs 9 per share for the financial year 2022-23 subject to approval members at the annual general meeting.