July 21, 2026 09:14 pm (IST)

Make this your homepage

All Finance

Rahul Gandhi, Priyanka Gandhi Vadra lead Congress march to PM Modi's residence over student protest crackdown | 'We can't ignore his concerns': Delhi HC gives Sonam Wangchuk big relief, clears shift to private hospital | 'Students are being tortured': Mamata Banerjee offers to join CJP protest in Delhi | Sikkim tunnel horror: 8 dead, several feared trapped after NHPC project collapse | As NEET protests intensify, PM Modi defends govt action, calls for 'foolproof' education system | After NEET storm, Modi govt faces fresh challenge as farmers march to Delhi over India-US trade deal | Jantar Mantar reclaimed! CJP defies overnight police eviction, returns to protest site | 'Listen to the students': Diljit Dosanjh breaks silence on CJP protests, says 'They'll call me anti-national again' | 'Abhijeet Dipke has been picked up': CJP alleges police detained founder as Parliament march sparks chaos | Major twist in CJP protest: Abhijeet Dipke ends hunger strike

Info Edge (India) announces reports 19 pct up Net Sales in Q1 FY16

India Blooms News Service | | Jul 28, 2015, at 04:45 am

New Delhi, July 27 (IBNS): Info Edge (India) Limited on Monday announced results for the 1st quarter ended June 30, 2015.

Info Edge recorded Net Sales of Rs 171.8 crore for the quarter ended June 30, 2015 compared to Rs 145 crore in quarter ended June 30, 2014, up 19%.

The company reported PAT of Rs. 28.7 crore for the quarter ended June 30, 2015 compared to Rs. 39.8 crore for quarter ended June 30, 2014.

Commenting on the results, Chintan Thakkar, CFO said, “The results validate that we are on track in executing the plan of building valuable internet properties with a right mix of growth in revenue and investment. The recruitment Solution segment continues to grow at a healthy rate of about 20% with the segment profit at 53%. 99acres has accelerated investments in the business and we are confident of continuing to lead in this space."

During the quarter, recruitment solutions grew by about 20% while the real estate vertical grew by 12% over the corresponding quarter in FY 2014-15.

The margins in recruitment solution segment is at about 53%. 99acres continuing investment in Product, Technology, Operation and Marketing has resulted in a loss of 34.75cr for the segment. The overall impact of this is that the PAT is 28.7 crore against previous year PAT of 39.8 crore.

#Info Edge (India) # 19 pct up Net Sales # Q1 FY16 result

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am