Info Edge Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 29, 2019 at 01:04 pm IST
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Info Edge (India) Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, the company reported total income of INR 3,106.60 million compared to INR 2,491.49 million a year ago. Profit for period was INR 743.05 million compared to INR 533.49 million a year ago. Revenue from operations was INR 2,810.62 million compared to INR 2,271.60 million a year ago. Basic earnings per share was INR 6.10 million compared to INR 4.39 million a year ago. Diluted earnings per share was INR 6.06 million compared to INR 4.34 million a year ago.
For the nine months, the company reported total income of INR 8,863.26 million compared to INR 7,493.92 million a year ago. Profit for period was INR 2,153.91 million compared to INR 1,961.25 million a year ago. Revenue from operations was INR 8,056.05 million compared to INR 6,748.31 million a year ago. Basic earnings per share was INR 17.70 million compared to INR 16.17 million a year ago. Diluted earnings per share was INR 17.58 million compared to INR 15.98 million a year ago.
Info Edge (India) Limited is an India-based company that is engaged in operating multiple Internet-based services through its various Web portals and mobile applications. The Companyâs segments include Recruitment Solutions and Real State- 99acres. The Recruitment Solutions segment consists of Naukri and all other allied businesses, which provides hiring solutions for both business-to-business (B2B), as well as business-to-customers (B2C). Real State- 99acres segment is focused on property listings, builders and brokers branding and visibility through micro-sites, home page links, and banners servicing real estate developers, builders and brokers. It operates in service verticals, which includes recruitment solutions through its brands naukri.com, iimjobs.com, hirist.com, ambitionbox.com, bigshyft.com, jobhai.com; in real estate services through its brand 99acres.com; in matrimonial services through its brand jeevansaathi.com, and in education services through its brand shiksha.com.