Comments
Info Edge (India), which runs popular job site Naukri.com, has reported a 31 per cent growth in profit after tax to Rs 28.8 crore for the third quarter ended December 31, 2011.
The entity had posted a PAT of 21.92 crore for the October-December quarter of 2010, Info Edge said in a statement today.
The company’s net sales stood at Rs 91.99 crore during the quarter under review against Rs 75.08 crore in the year-ago period.
Commenting on the earnings, Info Edge (India) CFO and Director, Mr Ambarish Raghuvanshi, said: “The operating environment is uncertain. But revenues and profits continue to be healthy, which is a reflection of the robust position in our major businesses. The real estate listings vertical grew appreciably in this quarter.”
During the quarter, recruitment solutions revenue grew 20.4 per cent, while the real estate vertical grew 50 per cent.
Shares of the company surged 5.2 per cent to Rs 604 at the end of the session on the BSE today.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.