(By Preethi J & Nikhil Pahwa) Infoedge India (Naukri), which owns portals such as Naukri, 99 acres, JeevanSathi, Shiksha, Brijj and career guidance site AskNaukri, has recorded a net profit of Rs. 138.3 million for the quarter ending March 31st 2009, a decrease in net profit by 11.4% over Q4 last fiscal when the company had reported a net profit of Rs. 156 million. Remember that Q4 is usually a key quarter for Info Edge, where they tend to incentivise their sales team significantly. Revenues for the quarter were at Rs. 641.6 million, while net sales were at Rs. 577.01 million are down 11.2% compared to Q408. They reported an earnings per share (EPS) of Rs. 5 for Q4. The company reported full year total revenues at Rs. 2737.96 million (up 14.2%), on net sales of Rs. 2451.66 million (up 12%). They recorded a profit of Rs. 596.9 million up 7.6% from last year. Outlook CFO Ambarish Raghuvanshi has said that the results reflect the difficult business environment in hiring and real estate to some extent; "The focus is on cost management and on organic growth in the near term." The company believes that they are well placed in terms of the competition. Speaking to the Indian Express a couple of days ago, Info Edge MD Sanjeev Bikhchandani had said that the job market appears to be improving, and the worst is over, as far as hiring is concerned. "December was the bottom. So, barring another external shock, it is likely that…
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