Info Edge (Naukri) has reported a net profit of Rs. 172.12 million for the quarter ending December 31st 2008, up 9.84% from the last quarter, and 23.94% from the corresponding quarter last fiscal. Most importantly, Net Sales is down 9.95% quarter on quarter, though it is up 7.13% year on year. Info Edge has also reported a total income of Rs.701.76 million compared to Rs.600.96 million in the corresponding quarter last year. Ambarish Raghuvanshi, CFO and Director, Info Edge (India) has said that growth is slowing, and the business environment continues to be difficult and especially in the hiring space." EBITDA for Info Edge increased to 261.99 million, up from 224 million last quarter, and 208.33 from the same quarter last year. The company has, so far, spent Rs. 109.29 million in acqusition/strategic alliances Increase in Other Income At Rs.…
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