Q1FY18 Result : Info Edge (India)

DSIJ Intelligence / 24 Jul 2017

Q1FY18 Result : Info Edge (India)

The company's total sales for Q1FY18 came in at Rs.7034.7 crore, which represents a 0.2 per cent sequential increase and 6.8 per cent YoY increase.

Info Edge (India) reported its results for the quarter ended June 30, 2017 on Monday.

The company's total sales for Q1FY18 came in at Rs.7034.7 crore, which represents a 0.2 per cent sequential increase and 6.8 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 1302.5 crore and its EBIT margin stood at 18.5 per cent.

The company reported PAT of Rs. 897.9 crore, which represents a sequential QoQ increase of 23.7 per cent and a YoY increase of 15.1 per cent.

Info Edge (India) limited is engaged in online classified business. It also provides online recruitment solutions under Naukri.com. It also operates online platforms like 99acres, Zomato, Jeevansaathi, Shiksha and Merination.

The stock today opened at Rs 1014.5 and touched intra-day high and low of Rs 1029.95 and Rs 982.35, respectively, on the BSE.

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