wordpress blog stats
Connect with us

Hi, what are you looking for?

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

info-edge

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

Advertisement. Scroll to continue reading.

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

You May Also Like

News

IT Minister Ravi Shankar Prasad feels that “despite being in government”, there is a “gap” in online news platforms like the Wire, Scroll, and...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ