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Info Edge reports Rs 64.23 crore profit for Q1-FY18; Charts

Info Edge, which owns Naukri.com, Jeevansathi, 99Acres, Shiksha.com, among others, has reported a net profit of Rs 64.23 crore for the quarter ended March 2017 (Q1 FY18). On a sequential basis, net profit was up 95.5% from Rs 32.86 crore, and on a year-on-year basis, was up 44.8% from Rs 44.35 crore. Total income for Info Edge was up to Rs 248.9 crores, up 12.1% year on year. Other income was at Rs 26.4 crores. Net sales (revenue) was up 12.6% year on year at Rs 222.5 crore. Billing for the company increased to Rs 241.6 crore, up 13.8% year on year. In a statement, Chintan Thakkar, CFO at Info Edge, said that their EBITDA margin has been increasing for the past three quarters. "This quarter the EBITDA Margin after adjusting for the non-cash charge for ESOPs is at healthy 35.5% and the adjusted EBITDA is…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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