Info Edge India Ltd (NAUKRI:NSI), the Indian job board, reported revenue Friday from operations for the third-quarter ended 31 December 2022 of INR 5.55 billion (USD 66.9 million), an increase of 33.4% compared to the same period last year.

Revenue by segment

EBITDA for the quarter grew by 79%. Billing for the quarter was up 14.5% over the year.

Hitesh Oberoi, Managing Director and Chief Executive Officer said, “While we are seeing a slowdown in the IT hiring, the Non IT hiring market continues to be strong.”

Indian staffing rival TeamLease last month reported an increase of 13.9% in Q3 2023 when compared to the same period last year. Quess Corp earlier this month reported revenue from operations rose 21% year over year in its fiscal third quarter ended 31 December. 

Info Edge shares closed on Friday at INR 3,813 (USD 45.98), down 0.2% on the day. The company has a market cap of INR 453.42 billion (USD 5.46 billion).