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Naukri Reports Rs 33.2 Cr Profit For Q2-FY14; Net Sales Up 16% YoY To Rs 123.5 Cr


Info Edge Ltd, which owns Naukri.com, 99Acres, Jeevansathi.com, Shiksha.com, among others, on a standalone basis, reported a Net Profit after tax of Rs 33.2 crore for the quarter ended September 30, 2013, a minor dip from Rs 33.3 crore profit in the corresponding quarter last year (Q2-FY13) but an increase from Rs 29.4 crore profit in the previous quarter (Q1-FY14).

The net sales were at Rs 123.5 crore, up 15.97% from Rs 106.5 crore in the same quarter last year and up 2.27% from Rs 120.76 crore in the previous quarter.

Earnings Per Share for Info Edge was at Rs 3.05, up from Rs 2.69 in Q1-FY14 but same as Rs 3.05 in Q2-FY13. The company didn’t make any investments during the quarter.

Info Edge is currently the leader in the online recruitment business, with Naukri.com contributing for a majority of its topline. Its real estate business 99Acres reported Rs 0.8 crore loss in FY13 and its matrimonial portal, Jeevansathi.com reported its fifth straight loss making year, posting a Rs 7.5 crore EBITDA loss in FY13.

Download – Financials

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Also read:

More Than Half Of 99Acres’ Revenue Is From Marketing Spends
– MeritNation In FY13: Rs 9.82Cr Operating Revenues; Rs 21.43Cr Operating EBITDA Loss
Info Edge Writes Off Rs 2.6 Cr Investment In Nogle Technologies

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