After claiming that "Jobs Are Back" in an advertisement that Info Edge (India) ran for its job portal Naukri.com, it is now claiming, at the end of during the Jan-March 2010 quarter, that "Growth is back". Net sales for the quarter for the company were up 13.1 percent year-on-year, and 10.84 percent sequentially, following two quarters of negative growth and one flat quarter. Readers should keep in mind that, traditionally, Q4 is traditionally the strongest quarter for Info Edge in terms of sales, as recruiters spend their budgets on annual contracts. Info Edge also accounts its sales in a staggered manner through the year, as we had explained last year. In what is clearly a positive signal for the coming quarters, the company says its deferred sales revenue increased, to Rs 531 mn as on March 31st, 2010 as against…
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