Info Edge shares in focus as Q2 profit soars 1,260%; check Goldman Sachs and Nomura’s target prices

Info Edge reported a sharp 1,260% YoY jump in Q2 profit to Rs 316 crore, driven by higher revenue and exceptional gains. Revenue rose 15% to Rs 805 crore, with billings up 12% YoY. Brokerages Nomura and Goldman Sachs maintained Buy ratings, citing strong margins, stable growth outlook, and attractive valuations despite muted hiring trends.