Info Edge Ltd, which owns Naukri.com, 99Acres, Jeevansathi.com, Shiksha.com, among others, on a conslidated basis, reported a Net Profit after tax of Rs 28.85 crore for the quarter ended December 31st, 2011 (Q3-FY12), up 31.61% from Rs 21.92 crore reported for the corresponding quarter, last year. Net Sales were Rs 91.99 crore, up 29.24% from Rs 75.07 crore that it recorded during the same quarter last year. According to the results filing, Info Edge has utilised all the proceeds from its IPO. It had raised Rs 170.36 crore from the IPO.
Details (Q3-FY12): Financials
Updated: In a press release, the company has shared that:
During the quarter recruitment solutions grew at 20.4% while the real estate vertical grew by 50%. Losses at the EBITDA level from Other Verticals were at Rs 2.87 crore compared to Rs 2.69 crore in the same quarter last year.
The company did not share information on EBITDA, Operating EBITDA, and Operating PAT.
– Operating EBITDA was at Rs 33.07 Crore, up 54.7% year on year
– Operating PAT was at Rs 21.47 Crore, up by 61.8% year on year
– EBITDA was at Rs 41.45 Crore up by 48.3% over the corresponding quarter in FY 2010-11
Commenting on the results, Ambarish Raghuvanshi, CFO and Director, Info Edge (India) Limited is quoted as saying that the operating environment was uncertain, and that revenues and profits continue to be healthy which is a reflection of the robust position in the company’s major businesses. The real estate listings vertical grew appreciably in the quarter and has been good in the 9 months this year.
Earnings Per Share for the Info Edge were up 2.32% to Rs 5.29 per share, from Rs 5.17 per share for Q2-FY12, and up 31.59% year on year from Rs 4.02 for Q3-FY11.