Ecommerce and online classifieds company InfoEdge reported a net profit after tax (on a standalone basis) of Rs 21.73 crore for the quarter ended December 31, 2015 (Q3 FY15), down 43.75% from Rs 38.64 crore profit in the same quarter last year and down 35.91% from Rs 33.91 crore profit in the previous quarter. In a call with analysts, InfoEdge’s top management explained the company’s performance. Here are some of the highlights: Naukri: - In Q3 Recruitment top line grew 19% Y-o-Y to Rs129 crores. - Naukri Corporate sales EBITDA margin was at 58% vs 62% in Q2, a slight decline is on account of the charge on account of bonus. - In Q3, Naukri added an average of 10,600 fresh Cvs every day vs 9,400 in Q3 of 2014 - Naukri Database grew to about 45 million Cvs. Average CV modifications were at 163,000 per day vs 124,000 per day in Q3 of 2014. - In Q3 it serviced 31,000 unique customers versus 27,000 in Q3 of 2014. In the 9 months of 2015, it serviced 49,000 unique customers vs 43,000 in the 9- months of 2014 financial year. - Naukri India Domestic Corporate sales business are picking up faster in the South. - Traffic share continues to be over 70% and Mobile Traffic now close to 60% of its total traffic. - We will continue to invest more aggressively in this business mainly in areas like product development to strengthen our leadership position. As and when the economy gets better…
