The profit figure missed ET NOW poll projection of Rs 8,300 crore by a wide margin. Net interest income (NII) for the quarter rose 12.87 per cent YoY to Rs 27,638 crore compared with Rs 31,196 crore in the corresponding quarter last year. ET NOW poll estimated NII figure at Rs 32,500 crore.
Info Edge shares drops 4% despite 22% YoY jump in Q4 net profit; revenue up 16%
Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent