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View All NewsIndia – Info Edge Q3 revenue slips 15%, recruitment solutions reports weakness
15 February 2021
Info Edge India Ltd (NAUKRI:NSI), the Indian job board, reported revenue Friday from operations for the third-quarter ended 31 December 2020 of INR 2.72 billion (USD 37.4 million), a fall of 15.0% compared to the same period last year.
| (INR millions) | Q3 2021 | Q3 2020 | Change | Q3 2021 (USD millions) |
| Revenue from Operations | 2,722.9 | 3,204.9 | -15.0% | 37.4 |
| Total Income | 3,038.7 | 3,408.9 | -10.8% | 41.8 |
| Profit for the Period | 698.7 | 880.4 | -20.6% | 9.6 |
Revenue by segment
| (INR millions) | Q3 2021 | Q3 2020 | Change | Q3 2021 (USD millions) |
| Recruitment Solutions | 1,895.4 | 2,302.6 | -17.6% | 26.1 |
| 99 acres for real estate | 448.6 | 581.7 | -22.8% | 6.1 |
| Others | 378.9 | 320.6 | 18.2% | 5.2 |
| Total Revenue | 2,722.9 | 3,204.9 | -15.0% | 37.4 |
Info Edge recorded billings of INR 2.97 billion (USD 40.8 million) for the period, down by 1.0% compared to the same period in the previous year.
Info Edge shares closed at INR 5,373 (USD 73.98) on Friday, down 0.82% on the day. The company has a market cap of INR 704.02 billion (USD 9.69 billion).