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View All NewsIndia – Info Edge first quarter revenue rises 14.1%
Info Edge India Ltd (NAUKRI:NSI), the Indian job board, reported revenue operations for the first quarter ended 30 June 2021 of INR 3.19 billion (USD 43.1 million), up 14.1% compared to the same period last year.
| (INR millions) | Q1 2022 | Q1 2021 | Change | Q1 2022 (USD millions) |
| Revenue from Operations | 3,197.2 | 2,801.4 | 14.1% | 43.1 |
| Total Income | 3,606.7 | 3,004.0 | 20.0% | 48.6 |
| Profit for the Period | 832.2 | 832.2 | 21.3% | 11.2 |
Operating EBITDA for the quarter reached INR 997.0 million (USD 13.4 million), down by 4.7% over the corresponding quarter in FY 2020-21.
Info Edge runs job site Naukri.com as well as 99acres.com. The company also runs Jeevansathi.com, a matrimonial portal, Shiksha.com an education portal as well as Quadrangle, an offline executive search business, and Naukri Gulf.
Segment by Revenue
| (INR millions) | Q1 2022 | Q1 2021 | Change | Q1 2022 (USD millions) |
| Recruitment Solutions | 2,225.7 | 2,001.8 | 11.2% | 30.0 |
| 99 acres for real estate | 491.7 | 424.8 | 15.7% | 6.6 |
| Others | 479.7 | 374.7 | 28.0% | 6.4 |
| Total Revenue | 3,197.2 | 2,801.4 | 14.1% | 43.1 |
On June 2021, Info Edge announced that it will acquire Zwayam, a recruitment software firm. On July 2021, Info Edge announced it will acquire Axilly Labs.
Shares in Info Edge last traded today at INR 5,418.00 (USD 73.05), 7.86% below its 52-week high of INR 5,880.00 (USD 79.28) set on 6 January 2021 and down 0.19% on the day. The company has a market cap of INR 697.90 billion (USD 9.40 billion).