Info Edge net profit surges over 47-fold following gains from Zomato's listing

Info Edge net profit surges over 47-fold following gains from Zomato's listing

Photo: Zomato

Info Edge (India) Ltd, the parent of businesses such as Naukri.com and 99acres.com, posted an over 47-fold jump in its net profit in the quarter-ended September on the back of exceptional gains arising from the blockbuster listing of online food delivery giant Zomato.