During the company’s conference call announcing its Q1-FY13 results, Info Edge CEO Hitesh Oberoi informed that the company’s net sales were at Rs 106 crore for the quarter ended 3oth June 2012, a 32% increase from Rs 87 crore in the same quarter last year, Sequentially however, the net sales were flat. For the quarter, the operating EBITDA (Earnings before interest, taxes, depreciation and amortization) was up 17% YoY at Rs 37 crore, while the operating EBITDA margin was at 34.8% as against 36.5% in Q1-FY12. The operating Profit After Tax (PAT) was up 19.7% YoY at Rs 33 crore while the operating PAT margin was at 21.7% as against 22.2% in Q1-FY12. The deferred sales revenue decreased to Rs 111 crore as on June 30 2012, from Rs 119 crore in March 30, 2012 and Oberoi said that they are observing a substantially lower growth and a more subdued environment, similar to last quarter, leading to deceleration in the recruitment market. He also added that the group will remain cautious for the year 2012-13. Expenses: Oberoi said that the ad expenses were up 35% YoY due to higher investments in JeevanSathi and 99acres. Manpower expenses increased by 22% YoY due to an increased headcount and salary increases. Network expenses also increased by 20% due to increased investment in servers and rupee depreciation since the servers are based in the United States. Other expenses increased by 27% due to an increased headcount. Oberoi noted that the headcount is up by around 20% YoY although…
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