Naukri.com parent Info Edge’s Q3 net slips 41% QoQ as note ban weighs

NaukriOnline classifieds company Info Edge (India) Ltd, which runs Naukri.com, 99acres.com and Jeevansathi.com, among other online businesses, reported a net profit of Rs 47.1 crore for the third quarter of FY17, down 41.1% from Rs 80 crore of the previous quarter. Year on year, however, profit was up 76.4%. It had posted a net profit […]

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Will increase share of non-IT jobs on Naukri: Info Edge’s Hitesh Oberoi

Hitesh Oberoi, MD & chief executive, Info EdgeIndia’s largest job portal Naukri.com is looking to expand its offering in order to offset the slump in IT hiring. For parent company Info Edge, Naukri is the most profitable vertical, even as its matrimonial and education verticals steadily inch towards profitability. Info Edge’s real estate vertical, 99acres, has seen a setback due to the […]

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Naukri parent Info Edge’s Q2 profit more than doubles

Info EdgeInfo Edge (India) Ltd has reported a more than doubling of net profit for the fiscal second quarter, as earnings from the Naukri.com hiring services business jumped and losses at its 99acres.com real-estate portal shrank. Standalone net profit for the quarter through September surged to Rs 80.07 crore from Rs 30.81 crore a year earlier, […]

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