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Internet company Info Edge (India), which owns job portal naukri.com, has posted a 72 per cent jump in profit-after-tax at Rs 39.97 crore for the three months ended March 31, 2012.
The profit-after-tax stood at Rs 23.18 crore in the year-ago period.
In the January-March quarter, the net sales climbed to Rs 105.89 crore from Rs 81.47 crore in the same period a year ago.
Outlook muted
However, Info Edge CFO and Director, Mr Ambarish Raghuvanshi, in a statement noted that business outlook for the next six months is “somewhat muted” on account of weak business confidence levels.
For the full year ended March 2012, Info Edge reported a profit-after-tax of Rs 122.6 crore against Rs 83.97 crore in the corresponding period previous fiscal.
Net sales rose to Rs 375.64 crore from Rs 293.62 crore.
“The quarterly and annual results reflect the strong competitive position of Naukri, robust growth in 99acres and also growth in smaller businesses, strong operating leverage in Naukri and brought forward deferred revenues,” Mr Raghuvanshi said.
Info Edge owns naukri.com, jeevansathi.com, 99acres.com and shiksha.com portals.
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