wordpress blog stats
Connect with us

Hi, what are you looking for?

Infoedge (Naukri) Net Profit Up 6.2% Sequentially

Updated with graphs and numbers from corporate presentations Though the December quarter was expected to be a weak one for Info Edge India, the company behind Naukri.com, the company has posted sequential growth in net profits and revenues, which are up 6.7 percent and 6.2 percent respectively. Net profits are 9.1 percent lower that that recorded in December 2008 at Rs. 156.45 million and net sales marginally lower at Rs. 588.75 million. Details: Financials | Release | October 2009 corporate presentation | Jan 2010 data sheet | February 2010 corporate presentation Other income has significantly reduced from Rs. 83.5 million recorded in the September 2009 quarter to Rs. 0.114 million this quarter. Operating EBITDA increased by 20% year on year to Rs. 179.42 million. Info Edge also owns websites Jeevansathi, 99 acres, Shiksha, Brijj, AskNaukri, FirstNaukri and Allcheckdeals. Job Portals Net Sales Marginally Up YoY The flagship portal and other job portals by Naukri registered total net sales of Rs. 500 million in the quarter ended December 2009, up 0.4% from December 2008.  They now contributes84.9% to the company's revenues. Naukri's EBITDA margin has fallen to 44.05% in the December quarter compared to 45.8% in the corresponding quarter last year. In the September quarter, this was at 36.9%. The number of resumes added on a daily basis to the site has fallen from 14 million in December 2008 quarter to 10 million in the December 2009 quarter. Update: Jobspeak, the index of job listings added on Naukri.com, has suffered an…

Please subscribe/login to read the full story.
Written By

http://www.linkedin.com/in/preethij

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ