In a narrative of resilience and strategic prowess, the company demonstrated a commendable 8% surge in revenue for FY24, alongside a remarkable turnaround in its bottom line. From a deficit of Rs 70 crore in FY23, Info Edge catapulted to a substantial profit of Rs 594 crore in FY24, reflecting its adeptness in navigating market challenges and capitalizing on emerging opportunities.

Delving into the financial particulars, FY24 witnessed Info Edge's consolidated revenue from operations ascending to Rs 2,536 crore, marking an 8% upswing from the preceding fiscal figures. Noteworthy is the company's quarterly resilience, manifesting in a 4.8% revenue spike to Rs 657 crore in Q4 FY24 from the preceding quarter's Rs 627 crore. The bastion of Naukri.com and its affiliates played a pivotal role, constituting 74.1% of the total revenue, which surged by 7.49% to Rs 1,880 crore in FY24. Simultaneously, the 99-acre segment showcased robust growth, soaring by 23.6% to Rs 351 crore in the same fiscal period. Despite sectoral challenges, Info Edge exhibited prudent financial management, with employee benefits comprising 61% of total expenditure, witnessing a modest 2.83% uptick to Rs 1,128 crore in FY24 from Rs 1,097 crore in

FY22. However, the company efficiently navigated various operational overheads, with total expenditure reaching Rs 1,830 crore in FY23 from Rs 1,858 crore in FY23. Notably, exceptional items, primarily attributed to a decrease in the carrying value of investments, had a significant impact on FY23's financials, contributing to a notable loss. Furthermore, the incorporation of joint ventures' performance, despite encountering losses, underscores Info Edge's diversified portfolio and strategic investments. In essence, the company's triumphant journey from a loss-making period to a substantial profit in FY24 epitomizes its resilience, strategic acumen, and adaptability in seizing opportunities amidst a dynamic digital landscape.