Info Edge (India) reported a 27% year-on-year increase in consolidated net profit for the June quarter, reaching Rs 296 crore. Revenue also saw a 17% rise to Rs 791 crore. Standalone billings grew by 11.2%, with recruitment business increasing by 9.0% and non-recruitment portfolio growing by 17.6%. However, the recruitment segment faced headwinds and a sectoral slowdown.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII