Info Edge Ltd*, which owns Naukri.com, 99Acres.com, Jeevansathi.com and Shiksha.com, among others, had reported a net profit after tax (on a standalone basis) of Rs 33.2 crore for the quarter ended September 30, 2014 (Q2-FY15), nearly flat from Rs 33.2 crore profit in the same quarter last year. The sales however grew by 20% year-on-year (YoY) to Rs 147.5 crore from Rs 123 crore in the same quarter last year. Importantly, deferred sales revenue has decreased to Rs 147 crores vs Rs 150 crores as of September 30th versus June 30th, but the company says this is 21% up year-on-year. However, Q2-Q3 are typically weak quarters for hiring, because of the festive season. Cash and cash equivalents on the balance sheet increased to about Rs 1,273 crores as a result of the fund raising. Here are some notes from Info Edge’s investor conference call: Recruitment business: - Recruitment top line grew by 19% YoY to Rs 107 crore in this quarter. - EBITDA margins remained flat at 51% similar to Q2-FY14. Naukri: - EBITDA margin in Naukri also remained flat at 55%, similar to the corresponding quarter last year. - Naukri added an average of 13,100 fresh CVs every day and the average CV modifications were at 135,000 per day. - Naukri currently has a database of more than 39 million CVs. - Naukri serviced 31,000 unique customers during the quarter, against 27,000 customers in the same quarter last year. - In H1-FY15, Naukri serviced 40,000 customers, up from 35,000…
