Shares of Info Edge (India) Ltd jumped around 4% in Tuesday’s trading session, riding high on the back of a strong quarterly performance by Zomato, where the company holds 13% plus stake. The rally in Info Edge mirrors the enthusiasm building around Zomato’s upbeat earnings for the April–June quarter (Q1 FY26). As of 9:28 AM, the shares were trading 3.86% higher at Rs 1,453.90.
Zomato, now renamed Eternal, reported a solid 70.4% year-on-year surge in revenue to ₹7,167 crore, comfortably beating analysts’ expectations. While its EBITDA dropped 35% to ₹115 crore, the company maintained a healthy positive margin of 1.6%, showing its continued focus on profitability despite aggressive expansion.
The net profit took a hit, falling to ₹25 crore from ₹253 crore in the same period last year—largely due to heavy investments in scaling operations, particularly for its fast-growing quick commerce arm, Blinkit. But the management seems optimistic. CEO Deepinder Goyal highlighted a turnaround in Blinkit’s margins and unveiled a bold new plan for their upcoming business line, District, targeting a whopping $3 billion topline over the next five years.
Info Edge shares opened at ₹1,404.00 and climbed to an intraday high of ₹1,465.70, while the low remained at the opening price. The stock continues to trade actively and remains well above its 52-week low of ₹1,157.00. However, it is still below its 52-week high of ₹1,825.78.
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