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Info Edge billings down 17% YoY, improve over previous quarter

Info Edge (India) Ltd.’s billing stood at ₹249.5 crore, down by 17% YoY. Revenue fell 19.1% YoY to ₹256.1 crore. “We are pleased to see gradual recovery of billings across all businesses. The QoQ billings have grown by 32.3%,” chief financial officer Chintan Thakkar said in a statement.

Info Edge runs jobs portal Naukri, real estate portal 99acres, matrimony portal Jeevansathi, and is also an early investor in Zomato.

Financial Snapshot

  • Billing: ₹249.5 crore, up by 32.2% QoQ, down by 17% YoY
  • Net Sales (Revenue): ₹256.1 crore, down by 8.5% QoQ and by 19.1% YoY
  • Total income: ₹282.4 crore, down by 5.9% QoQ and by 16.9% YoY
  • Operating EBITDA: ₹51.6 crore, down by 50.6% QoQ and by 48.1% YoY 

Press Release | Earnings call scheduled for Nov 11, 2020 at 4:30 pm IST 

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