Info Edge started the financial year 2011-2012 with healthy deferred sales revenues of Rs 95 crores, up by 55% YoY and 6% QoQ, probably the highest it has ever been. The company reported a Profit After Tax of Rs 25.6 crore during the quarter in contrast with 17.3 crores last year, and Operating PAT of Rs 19 crore up by 52.7%. The company intends to increase their spending on TV advertising, especially in Naukri and 99acres. Their was a 18-20% salary hike in this quarter. 99Acres Will Scale Slowly 99Acres focuses primarily on attracting dealers as customers, and, in response to a question from MediaNama, Oberoi said that "In the long run for this business to do well, we need to add more and more customers, we need to add more and more dealers. We need to increase the client base dramatically. Right now, we are I think at about 6000 or so customers, this number has to be tens of thousands for this business to become big. And the problem we have out there, however, is that a lot of the dealers are not very tech savvy. Many of them do not have computers, they don't have access to the internet so fair amount of time is spent on educating them on how to use the Internet, on helping them buy an internet connection. And therefore while this business will scale in the long run, it will scale slowly." In terms of geographies, Info Edge has offices for 99Acres…
