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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
63 announcements match the current filters (relevance ≥ 5).
Info Edge Q4 Standalone Billings Up 7.4% YoY to ₹1,057 Cr; Recruitment Grows 9.5%
Info Edge reported a 7.4% YoY growth in standalone billings for Q4FY26, reaching ₹1,057.1 crore, while full-year billings grew 10.3% to ₹3,177.5 crore. The core Recruitment segment saw a 9.5% growth, though it faced headwinds in the Gulf market due to geopolitical issues. 99acres experienced a slowdown in billings growth to 1.9% due to internal sales restructuring, despite maintaining market leadership. Shiksha faced a significant 13% decline in Q4 billings as AI-driven search impacted platform traffic, prompting a business model pivot.
Key Highlights
Standalone billings for FY26 grew by 10.3% YoY to ₹3,177.5 crore.
Recruitment Solutions, the largest segment, grew 9.5% in Q4 to ₹810.7 crore.
Jeevansathi showed robust performance with 20.9% Q4 growth and 28.5% FY26 growth.
99acres billings growth slowed to 1.9% in Q4 following sales organization changes.
Shiksha billings declined 13% in Q4 due to AI-driven search disruptions.
👀 What to Watch
Investors should monitor the recovery in 99acres post-restructuring and the success of Shiksha's pivot to counter AI disruptions. The core recruitment business remains steady, but macro headwinds in international markets warrant a cautious watch on near-term margins.
Info Edge CBO Pawan Goyal Resigns; Led Naukri to 16.8% CAGR Growth Over 7 Years
Mr. Pawan Goyal, the Whole-time Director and Chief Business Officer (CBO) of Naukri, has resigned from Info Edge effective May 31, 2026. During his seven-year tenure, he successfully led the core Naukri business to a 16.8% CAGR growth. Additionally, he oversaw an improvement in operating Profit Before Tax (PBT) margins, which rose from 53% to nearly 57%. The board has accepted his resignation as he moves on to pursue other personal interests.
Key Highlights
Mr. Pawan Goyal to step down as Whole-time Director and CBO of Naukri on May 31, 2026.
Delivered a 16.8% CAGR growth for the Naukri business vertical during his 7-year leadership.
Improved operating PBT margins significantly from 53% to approximately 57%.
Resignation was formally accepted by the Board of Directors in a meeting held on April 1, 2026.
👀 What to Watch
Investors should watch for the appointment of a successor to lead the Naukri vertical, which is the company's primary revenue driver. While the exit of a high-performing executive is a loss, the two-month transition period and strong historical margins provide some stability.
Info Edge CBO Pawan Goyal Resigns; Led Naukri to 16.8% CAGR Growth Over 7 Years
Mr. Pawan Goyal, the Whole-time Director and Chief Business Officer of Info Edge's flagship Naukri business, has resigned effective May 31, 2026. During his seven-year tenure, the Naukri segment achieved a consistent 16.8% CAGR growth rate. Furthermore, operating PBT margins for the recruitment business improved from 53% to approximately 57% under his leadership. While the resignation is attributed to personal passions, the departure of a high-performing leader from the company's primary cash cow is a significant development.
Key Highlights
Mr. Pawan Goyal to step down as CBO of Naukri and Whole-time Director effective May 31, 2026
Naukri business delivered a 16.8% CAGR growth during his 7+ year leadership tenure
Operating PBT margins for the core recruitment segment expanded from 53% to nearly 57%
The Board of Directors took the resignation on record during their meeting on April 1, 2026
👀 What to Watch
Investors should monitor the announcement of a successor for the CBO role, as Naukri is the company's most critical business unit. While the performance track record is strong, management transitions in core segments require close observation of execution stability.
Info Edge to Commit ₹250 Cr to A88 Fund I and Swap Shopkirana Stake for TIPL Shares
Info Edge has approved a commitment of up to ₹250 crore to A88 Fund I, a new deep-tech focused Alternative Investment Fund. The company is also divesting its 26.14% stake in associate company Shopkirana to Singapore-based Trustroot Internet Private Limited (TIPL) for USD 32.97 million. In return, Info Edge will receive a 2.021% stake in TIPL and will invest an additional USD 1.72 million to bring its total holding in TIPL to 2.126%. This strategic reshuffling aims to optimize its startup portfolio and focus on long-term value creation.
Key Highlights
Approved a ₹250 crore commitment to A88 Fund I, targeting early-stage deep-tech companies.
Divesting 26.14% stake in Shopkirana for a consideration of USD 32.97 million via share swap.
Acquiring a total stake of 2.126% in Singapore-based TIPL through swap and USD 1.72 million primary infusion.
Shopkirana accounted for 17.69% of Info Edge's standalone turnover in FY25.
The divestment and fund commitment are expected to be completed by June 30, 2026.
👀 What to Watch
Investors should watch for the valuation implications of swapping a significant stake in Shopkirana for a minority stake in TIPL. The ₹250 crore commitment to a new fund indicates Info Edge's continued aggressive stance on the Indian startup ecosystem.
Info Edge to Invest ₹250 Cr in A88 Fund I and Restructure Shopkirana Stake
Info Edge has committed ₹250 crore to A88 Fund I, a new deep-tech focused Alternative Investment Fund managed by its subsidiary. Simultaneously, the company is swapping its 26.14% stake in associate company Shopkirana for a 2.021% stake in Singapore-based Trustroot Internet Private Limited (TIPL), valued at approximately USD 32.97 million. Additionally, Info Edge will infuse USD 1.72 million in cash into TIPL, resulting in a final holding of 2.126%. This restructuring will result in Shopkirana ceasing to be an associate company of Info Edge.
Key Highlights
Commitment of up to ₹250 crore in A88 Fund I to invest in early-stage Indian deep-tech companies.
Transfer of 60,673 shares (26.14% stake) in Shopkirana to TIPL for a consideration of USD 32.97 million.
Acquisition of 2.021% stake in TIPL via share swap and an additional 0.105% via USD 1.72 million primary infusion.
Smartweb Internet Services, a wholly owned subsidiary, will act as the Sponsor and Investment Manager for the new fund.
The transaction is expected to be completed by June 30, 2026, subject to regulatory clearances.
👀 What to Watch
Investors should monitor the performance of Info Edge's strategic investment portfolio, as this move indicates a shift toward deep-tech and international holding structures. The ₹250 crore commitment highlights the company's continued focus on the startup ecosystem as a secondary growth engine beyond its core recruitment business.
Info Edge to Invest ₹250 Crore in B8 Fund I for Growth-Stage Tech Investments
Info Edge (India) Limited has approved a commitment of up to ₹250 crore to B8 Fund I, a newly launched Category II Alternative Investment Fund (AIF). The investment will be executed directly or through its wholly-owned subsidiary, Smartweb Internet Services Limited, which will also serve as the fund's sponsor and investment manager. The fund is designed to invest in growth-stage tech-enabled companies in India, aligning with Info Edge's long-term strategy of external financial value creation. The commitment will be drawn down over the fund's 8-year tenure based on investment opportunities.
Key Highlights
Total capital commitment of up to ₹250 crore in aggregate for B8 Fund I.
Subsidiary Smartweb Internet Services Ltd to act as Sponsor and Investment Manager.
Targeting growth-stage tech-enabled companies within the Indian entrepreneurial ecosystem.
Fund tenure is set for 8 years from the first closing, extendable by up to 2 years.
The transaction is classified as a related party transaction conducted at arm's length.
👀 What to Watch
Investors should monitor this as a strategic deployment of cash into the tech ecosystem, which is core to Info Edge's long-term valuation. No immediate impact on earnings is expected as the capital will be deployed over several years.
Info Edge Q3 FY26: Revenue Up 14% to ₹765 Cr; Dividend Payout Ratio Hiked to 65%
Info Edge reported a steady 14% YoY revenue growth in Q3 FY26, driven by a resilient recruitment segment which maintained high operating margins of 59%. A significant highlight is the Board's decision to increase the dividend payout ratio to 65% of PAT, up from 39% previously, reflecting strong cash reserves of ₹4,825 crore. While the recruitment business remains the primary engine, the matchmaking segment is nearing break-even with 31% billing growth. However, the education business (Shiksha) is facing headwinds from AI-related traffic drops, prompting a pivot in its business model.
Key Highlights
Standalone revenue grew 14% YoY to ₹765 crore, with operating profits rising 13% to ₹297 crore.
Recruitment segment billings grew 11% YoY to ₹548 crore with a robust 59% operating margin.
Matchmaking business (Jeevansathi + Aisle) saw 31% billing growth and is approaching operational break-even.
Board approved a second interim dividend of ₹2.40 per share and increased the payout ratio target to 65%.
Cash and bank balances remained strong at ₹4,825 crore as of December 31, 2025.
👀 What to Watch
Investors should take comfort in the increased dividend payout and high recruitment margins as signs of financial maturity. Monitor the management's strategy to mitigate AI-led disruptions in the Shiksha business and the scaling of the JobHai platform.
Info Edge Q3 FY26: Revenue Up 14% to ₹765 Cr; Dividend Payout Ratio Hiked to 65%
Info Edge (India) Ltd reported a steady Q3 FY26 with standalone revenue growing 14% YoY to ₹765 crores and operating profit increasing 13% to ₹297 crores. The core recruitment business (Naukri) continues to be the primary driver, maintaining a high operating margin of 59% despite a cautious hiring environment. A major highlight for shareholders is the Board's decision to increase the dividend payout ratio to 65% of PAT, up from 39% last year, supported by a robust cash balance of ₹4,825 crores. While 99acres and Jeevansathi showed double-digit billing growth, the Shiksha business is facing traffic headwinds due to AI-related disruption.
Key Highlights
Standalone billings rose 12% YoY to ₹747 crores, with recruitment billings up 11% to ₹548 crores.
Recruitment segment operating margins improved to 59% in Q3, up from 53% in Q1 FY26.
Dividend payout ratio revised upwards to 65% of PAT; second interim dividend of ₹2.40 per share declared.
99acres (Real Estate) billings grew 14% YoY to ₹117 crores, with traffic share increasing to 46%.
Matchmaking (Jeevansathi + Aisle) billings grew 31% YoY to ₹46 crores, nearing operational break-even.
👀 What to Watch
Investors should find confidence in the improved capital allocation policy and the resilience of recruitment margins. Monitor the recovery in IT hiring and the company's strategic pivot in the Shiksha business to counter AI-led traffic declines.
Info Edge Subsidiary Completes Rs 91.7 Cr Stake Transfer and Rs 35 Cr Investment in Unnati
Info Edge's wholly-owned subsidiary, SIHL, has completed the transfer of its 50.94% stake in Gramophone to Unnati for a consideration of Rs 91.71 crore in shares. Alongside this transfer, SIHL has infused Rs 35 crore in primary capital into Unnati. This transaction results in SIHL holding a 20.53% stake in Unnati, making it an associate company. The move signifies a strategic consolidation of Info Edge's agritech portfolio companies.
Key Highlights
Transferred 3,39,305 shares (50.94% stake) of Gramophone to Unnati at a valuation of Rs 91.71 crore
Invested Rs 35 crore primary capital in Unnati for 18,756 preference shares
Resulting aggregate shareholding in Unnati stands at 20.53%, classifying it as an associate company
Stake expected to dilute to 18.48% following the full merger of Gramophone with Unnati
👀 What to Watch
Investors should view this as a portfolio consolidation exercise within Info Edge's startup investment arm. No immediate action is required, but the performance of the combined agritech entity should be monitored for future value unlocking.
Info Edge to Invest Rs 30 Crore in Subsidiary Startup Investments (Holding) Ltd
Info Edge (India) Limited has approved a fresh investment of approximately Rs 30 crore into its wholly-owned subsidiary, Startup Investments (Holding) Limited (SIHL). The investment is structured through the acquisition of 14,01,214 Compulsorily Convertible Debentures (CCDs) at Rs 214.10 per unit. SIHL serves as an investment vehicle for the company to explore opportunities in tech startups and Alternative Investment Funds (AIFs). This capital infusion will support SIHL's ongoing and future investment activities in the technology ecosystem.
Key Highlights
Investment of Rs 30 crore in wholly-owned subsidiary Startup Investments (Holding) Limited
Acquisition of 14,01,214 CCDs at an issue price of Rs 214.10 each, including a premium of Rs 114.10
SIHL reported a negative net worth of Rs 209.50 crore as of March 31, 2025
Funds are earmarked for tech startup investments and contributions to Alternative Investment Funds (AIFs)
The transaction is expected to be completed within 30 days
👀 What to Watch
Investors should view this as a routine capital allocation to Info Edge's investment arm, though the subsidiary's negative net worth warrants continued monitoring of the company's broader startup portfolio performance.
Info Edge Q3 FY26 Revenue Grows 14% YoY to ₹7,645 Mn; Declares ₹2.40 Interim Dividend
Info Edge (India) Limited reported a steady performance for Q3 FY26, with standalone revenue from operations increasing 13.8% YoY to ₹7,645.5 million. The core Recruitment Solutions segment remains the primary growth driver, contributing ₹5,749.3 million to the top line. The company declared a second interim dividend of ₹2.40 per share for FY 2025-26, with a record date of February 20, 2026. While standalone net profit for the quarter rose to ₹2,464.5 million, the company noted significant fair value adjustments in its investment portfolio impacting total comprehensive income.
Key Highlights
Standalone Revenue from operations rose to ₹7,645.5 Mn in Q3 FY26, up from ₹6,715.2 Mn in the same quarter last year.
Declared a 2nd interim dividend of ₹2.40 per equity share (120% of face value) for FY 2025-26.
Recruitment Solutions segment results (PBT) stood at ₹3,410.8 Mn, reflecting strong margins in the core Naukri business.
99acres (Real Estate) segment revenue grew to ₹1,185.7 Mn, though it remains in a loss-making phase at the segment result level.
Standalone Profit Before Tax (before exceptional items) increased to ₹3,784.2 Mn from ₹3,414.6 Mn YoY.
👀 What to Watch
Investors should remain positive on the core recruitment business's resilience and the steady dividend payout. Monitor the path to profitability for 99acres and the valuation fluctuations of the company's significant startup investment portfolio.
Info Edge Q3 Revenue Up 14% YoY; Declares ₹2.40 Interim Dividend as Margins Improve
Info Edge (India) Limited reported a strong Q3 FY26 with standalone revenue from operations growing 13.8% YoY to ₹7,645.53 million. The company achieved a sequential operating margin improvement of 300bps, driven by robust performance in its core Recruitment Solutions and 99acres verticals. Standalone net profit for the quarter stood at ₹2,464.57 million, up from ₹2,001.93 million in the previous year's corresponding quarter. To reward shareholders, the board has declared a second interim dividend of ₹2.40 per share.
Key Highlights
Standalone Revenue from operations increased 13.8% YoY to ₹7,645.53 million.
Recruitment Solutions segment revenue grew to ₹5,749.31 million from ₹5,049.41 million YoY.
Operating margins improved by 300bps sequentially, indicating enhanced operational efficiency.
Declared 2nd interim dividend of ₹2.40 per share with a record date of February 20, 2026.
99acres (Real Estate) segment revenue rose to ₹1,185.78 million, up from ₹1,041.67 million YoY.
👀 What to Watch
Investors should take note of the sequential margin expansion and steady growth in the recruitment vertical as signs of operational strength. The stock remains a key proxy for the Indian white-collar job market and digital real estate sector.
Info Edge Q3 FY26: Net Profit Up 23% to ₹2,464 Mn; ₹2.40 Interim Dividend Declared
Info Edge (India) Limited reported a strong Q3 FY26 performance with standalone revenue from operations growing 13.8% year-on-year to ₹7,645.53 million. Net profit for the quarter rose by 23.1% to ₹2,464.57 million, even after accounting for an exceptional loss of ₹487.59 million. The Board declared a second interim dividend of ₹2.40 per share, with the record date set for February 20, 2026. Recruitment remains the dominant segment, contributing ₹5,749.31 million to the total revenue, while 99acres also showed steady growth.
Key Highlights
Standalone Revenue from operations increased 13.8% YoY to ₹7,645.53 million in Q3 FY26.
Net Profit grew 23.1% YoY to ₹2,464.57 million for the quarter ended December 31, 2025.
Declared 2nd Interim Dividend of ₹2.40 per share (120% of face value) for FY 2025-26.
Recruitment Solutions segment revenue grew to ₹5,749.31 million from ₹5,049.41 million YoY.
Record date for dividend eligibility is fixed as February 20, 2026, with payment starting March 9.
👀 What to Watch
The company continues to show robust growth in its core recruitment business and real estate vertical. Investors should track the Feb 20 record date to be eligible for the ₹2.40 interim dividend.
Info Edge Declares ₹2.40 Interim Dividend; Q3 Standalone Net Profit Rises 23% YoY to ₹2,464.6 Mn
Info Edge (India) Ltd has declared a second interim dividend of ₹2.40 per share for FY 2025-26, with the record date set for February 20, 2026. For the quarter ended December 31, 2025, the company reported a 13.8% YoY growth in standalone revenue from operations, reaching ₹7,645.53 million. Standalone net profit increased by 23.1% YoY to ₹2,464.57 million, despite an exceptional loss of ₹487.59 million during the quarter. The core recruitment segment continues to lead growth, while the 99acres real estate vertical showed significant improvement in segment results.
Key Highlights
Declared 2nd interim dividend of ₹2.40 per equity share (Face Value ₹2) for FY 2025-26.
Standalone Revenue from operations grew 13.8% YoY to ₹7,645.53 million in Q3 FY26.
Standalone Net Profit rose 23.1% YoY to ₹2,464.57 million compared to ₹2,001.93 million in the previous year.
Recruitment Solutions revenue increased to ₹5,749.31 million, maintaining its position as the primary cash cow.
99acres for real estate reported a segment profit of ₹204.61 million, a sharp turnaround from a loss of ₹48.16 million YoY.
👀 What to Watch
Investors should view the steady growth in the recruitment business and the profitability turnaround in 99acres as strong indicators of operational health. The interim dividend provides a direct yield benefit, making it a positive hold for long-term portfolios.
Info Edge Declares ₹2.40 Interim Dividend; Q3 Standalone Net Profit Rises 23% YoY
Info Edge (India) Ltd has declared a second interim dividend of ₹2.40 per share for FY 2025-26, with the record date fixed as February 20, 2026. The company reported a standalone revenue of ₹764.55 crore for Q3 FY26, marking a 13.8% growth over the previous year. Standalone net profit for the quarter increased to ₹246.46 crore from ₹200.19 crore in the same period last year. The recruitment segment continues to be the primary revenue driver, contributing ₹574.93 crore to the top line.
Key Highlights
Declared 2nd interim dividend of ₹2.40 per equity share on a face value of ₹2.
Standalone Revenue from operations grew 13.8% YoY to ₹7,645.53 million in Q3 FY26.
Standalone Net Profit increased by 23.1% YoY to ₹2,464.57 million.
Recruitment Solutions segment revenue rose to ₹5,749.31 million from ₹5,049.41 million YoY.
Record date for dividend eligibility is February 20, 2026, with payment on or after March 9, 2026.
👀 What to Watch
Investors seeking dividend income should ensure they hold shares before the February 20 record date. The steady growth in core recruitment and real estate segments supports a positive long-term outlook for the stock.
Info Edge Q3 FY26: Net Profit Rises 23% YoY to ₹246 Cr; Declares ₹2.40 Interim Dividend
Info Edge (India) Limited reported a steady performance for Q3 FY2025-26, with standalone revenue from operations growing 13.8% YoY to ₹764.55 crore. Standalone net profit increased by 23.1% YoY to ₹246.46 crore, even after accounting for an exceptional loss of ₹48.76 crore. The core Recruitment segment (Naukri) continues to be the primary growth engine, contributing ₹574.93 crore to the top line. Additionally, the company declared a second interim dividend of ₹2.40 per share for the current financial year.
Key Highlights
Standalone Revenue from operations grew 13.8% YoY to ₹7,645.53 million.
Standalone Net Profit increased to ₹2,464.57 million from ₹2,001.93 million in the corresponding quarter last year.
Recruitment Solutions segment revenue rose 13.8% YoY to ₹5,749.31 million.
Real estate vertical 99acres reported revenue growth of 13.8% YoY, reaching ₹1,185.78 million.
Declared a second interim dividend of ₹2.40 per share with a record date of February 20, 2026.
👀 What to Watch
Investors should take note of the consistent double-digit growth in the core recruitment business and the steady improvement in the real estate segment. The stock remains a strong play on the Indian white-collar job market and digital real estate recovery.
Info Edge Concludes 99acres Whistle-Blower Probe; No Material Financial Impact Found
Info Edge (India) Limited has concluded its independent investigation into a whistle-blower complaint regarding the 99acres business vertical, originally reported in September 2025. The investigation, conducted by a specialist law firm and forensic experts, found that the allegations do not have a material impact on the company's financial statements. The Board and Audit Committee have reviewed the findings and are currently implementing remedial actions to address any identified gaps. This resolution removes a significant governance overhang that had been pending for several months.
Key Highlights
Independent forensic investigation into 99acres whistle-blower complaint has been completed.
Audit Committee and Board confirm findings have no material impact on financial statements.
The company has already implemented certain remedial actions with others currently in progress.
The investigation was conducted by a reputed specialist law firm and independent forensic experts.
The original complaint was first disclosed to the stock exchanges on September 13, 2025.
👀 What to Watch
Investors should find relief in the fact that no financial irregularities were found, removing a key risk factor. Maintain current positions as the company strengthens its internal controls and focuses back on growth in the 99acres segment.
Info Edge Reports 11.8% YoY Growth in Q3 Standalone Billings to ₹747.2 Crore
Info Edge (India) Limited reported a healthy 11.8% year-on-year growth in standalone billings for the quarter ended December 31, 2025, reaching ₹747.2 crore. The core Recruitment Solutions segment saw an 11% increase to ₹548.3 crore, while the 99acres real estate vertical outperformed with a 14.4% growth to ₹117.4 crore. For the nine-month period, total billings stood at ₹2120.4 crore, reflecting a consistent 11.7% growth compared to the previous year. These preliminary numbers suggest steady operational momentum across all primary business verticals ahead of the full financial results.
Key Highlights
Total standalone billings for Q3 FY26 rose to ₹747.2 crore from ₹668.3 crore in Q3 FY25.
Recruitment Solutions billings grew 11% YoY to ₹548.3 crore during the quarter.
99acres (Real Estate) segment billings increased by 14.4% YoY to ₹117.4 crore.
Cumulative nine-month billings reached ₹2120.4 crore, up from ₹1897.9 crore in the prior year.
Other business segments reported a 13.7% YoY growth in Q3 billings to ₹81.5 crore.
👀 What to Watch
Investors should take confidence in the double-digit growth across all segments, particularly the recovery in recruitment and strength in real estate. Maintain a positive outlook while awaiting the full earnings report to assess margin performance and bottom-line impact.
Info Edge Consolidates Agri-Tech Portfolio; Invests INR 35 Cr in Unnati via Share Swap & Cash
Info Edge is consolidating its agri-tech investments by transferring its 50.94% stake in Gramophone to Unnati for INR 91.71 Crores, settled via a share swap. Simultaneously, the company is making a fresh cash investment of INR 35 Crores in Unnati to acquire an additional 5.67% stake. Post-transaction, Info Edge will hold a 20.53% stake in Unnati, which is expected to dilute to 18.48% following the eventual merger of Gramophone into Unnati. This move aligns with Info Edge's strategy of value creation through medium-to-long term financial investments in tech platforms.
Key Highlights
Transfer of 50.94% stake in Gramophone to Unnati valued at INR 91.71 Crores via share swap.
Fresh primary cash infusion of INR 35 Crores into Unnati for 18,756 preference shares.
Unnati's FY25 turnover stood at INR 291.37 Crores with a reported loss of INR 18.42 Crores.
Info Edge's aggregate shareholding in Unnati to reach 20.53%, making it an Associate Company.
The transaction is expected to conclude within 90 days, leading to a merger of Gramophone and Unnati.
👀 What to Watch
Investors should view this as a strategic consolidation of portfolio companies to drive synergies in the agri-tech space. No immediate action is required as this is part of Info Edge's ongoing venture investment activity, though the performance of the merged entity should be monitored.
Info Edge Swaps Gramophone Stake for 20.53% in Unnati; Invests ₹35 Cr
Info Edge is consolidating its agri-tech portfolio by transferring its 50.94% stake in Gramophone to Unnati in a share swap deal valued at approximately ₹91.71 Crores. In addition to the swap, Info Edge is making a primary cash investment of ₹35 Crores in Unnati, bringing its total aggregate shareholding to 20.53%. Unnati, a fintech-based agri platform, reported a turnover of ₹291.37 Crores in FY25 but remains loss-making with a net loss of ₹18.42 Crores. This move effectively merges two portfolio companies to create a larger, more integrated agri-tech entity.
Key Highlights
Transfer of 50.94% stake in Gramophone to Unnati for a consideration of ₹91.71 Crores via share swap.
Primary cash infusion of ₹35 Crores into Unnati for an additional 5.67% stake.
Total post-transaction stake in Unnati will be 20.53%, which will dilute to 18.48% post-merger.
Unnati's revenue declined significantly from ₹515.27 Crores in FY24 to ₹291.37 Crores in FY25.
Gramophone contributed 2.52% to Info Edge's standalone turnover in FY25.
👀 What to Watch
Investors should monitor the performance of the combined agri-tech entity, as Unnati has shown a sharp revenue decline and persistent losses. While consolidation may reduce burn, the immediate path to profitability for this segment remains unclear.
