{"id":89990,"date":"2023-02-14T12:05:00","date_gmt":"2023-02-14T06:35:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=89990"},"modified":"2023-02-14T12:03:42","modified_gmt":"2023-02-14T06:33:42","slug":"biz-stocks-infoedge","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-stocks-infoedge\/","title":{"rendered":"Info Edge Q3 Results: Consolidated loss of Rs 116.5 crore Vs Rs 4,601.87 cr profit previous year"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3780973894\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of IT firm Info Edge ended more than 9 per cent lower on Monday after the firm reported a loss in the third quarter.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-494383964\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The stock slumped 9.46 per cent to close at Rs 3,453 apiece on the NSE.<\/p><p>On the BSE, it plunged 9.10 per cent to end at Rs 3,464.25 per share.<\/p><p>In volume terms, nearly 71,000 shares of the firm were traded on the BSE and 25.81 lakh shares on the NSE, during the day.<\/p><div class=\"trade-content_5\" id=\"trade-176945350\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Meanwhile, the 30-share BSE Sensex benchmark closed 250.86 points or 0.41 per cent lower at 60,431.84 points on Monday.<\/p><p>On Friday, IT firm Info Edge posted a consolidated loss of Rs 116.5 crore in the third quarter ended December 31, 2022, mainly on account of write-off investment in property tech startup 4B Networks, dip in valuation of some investments and slowing down of the job market.<\/p><p>It had posted a profit of Rs 4,601.87 crore in the same period a year ago, the company said in an exchange filing. PTI HG SHW<\/p><div class=\"trade-after-content\" id=\"trade-2484212648\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of IT firm Info Edge ended more than 9 per cent lower on Monday after the firm reported a loss in the third quarter. The stock slumped 9.46 per cent to close at Rs 3,453 apiece on the NSE. On the BSE, it plunged 9.10 per cent to end at Rs 3,464.25 per share. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":44871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-89990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Info Edge Q3 Results: Consolidated loss of Rs 116.5 crore Vs Rs 4,601.87 cr profit previous year - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of IT firm Info Edge ended more than 9 per cent lower on Monday after the firm reported a loss in the third quarter.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-stocks-infoedge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Info Edge Q3 Results: Consolidated loss of Rs 116.5 crore Vs Rs 4,601.87 cr profit previous year\" \/>\n<meta property=\"og:description\" content=\"Shares of IT firm Info Edge ended more than 9 per cent lower on Monday after the firm reported a loss in the third quarter.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/biz-stocks-infoedge\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-14T06:35:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/Info-Edge-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PTI News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/Info-Edge-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PTI News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-stocks-infoedge\/\",\"url\":\"https:\/\/tradebrains.in\/features\/biz-stocks-infoedge\/\",\"name\":\"Info Edge Q3 Results: Consolidated loss of Rs 116.5 crore Vs Rs 4,601.87 cr profit previous year - 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