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InfoEdge Q4 FY11 Call: Vertical Specific Results; 99Acres Profit; Naukri UI; Shiksha

Info Edge closed the financial year 2010-2011 with healthy deferred sales revenues of Rs 89 crores at the end of the year, up from Rs. 53 crore at the end of the previous fiscal, mostly on account of increased demand for Naukri products. The company reported a Profit After Tax of Rs 27 crore during the quarter, and Operating PAT of Rs 16.7 crore up by 30.6%. The net sales of the company were Rs 81 crore for Q4 which is a 25% jump as compared to last quarter's sales which were Rs 65 crore. Operating EBITDA rose by 32% at Rs 28 crore in the quarter. The operating EBITDA margin was 34.8% versus 33% in same quarter last year. During its conference call, Info Edge said that its 'Other Income' is expected to be higher next year on account of larger cash balance, and better interest rates. For the full year, its net sales were at Rs 294 crore which is an increase on 26% as compared to last year. Operating EBITDA was at Rs 97.7 crore for the full year, up 47% year-on-year. Advertising and other Expenses: Advertisement expenses were flat, year on year, growing only 1.7%. The company said that advertising expenses for Shiksha might go up next year (rather current year) whereas it may invest more in Naukri and 99Acres on the advertising side. Employee cost grew at 29% for the year, and total expenditure grew by 18% for the year. - MakeMyTrip share sale: Info…

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