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View All NewsIndia – Info Edge second quarter revenue profits and billings on the rise
Info Edge India Ltd (NAUKRI:NSI), the Indian job board, reported unaudited standalone results today with revenue from operations for the second-quarter ended 30 September 2021 of INR 3.51 billion (USD 47.2 million), up 37.3% compared to the same period last year. Recruitment Solutions rose by more than 40%.
(INR millions) | Q2 2022 | Q2 2021 | Change | Q2 2022 (USD millions) |
Revenue from Operations | 3,516.8 | 2,561.1 | 37.3% | 47.2 |
Total Income | 3,957.2 | 2,824.1 | 40.1% | 53.1 |
Profit for the Period | 83,557.2 | 511.5 | - | 1,122.6 |
Info Edge recorded company billing (invoices sent to customers) of INR 4.02 billion (USD 54.0 million) for the quarter, up 61.3% over the same period last year.
Revenue by segment
(INR millions) | Q2 2022 | Q2 2021 | Change | Q2 2022 (USD millions) |
Recruitment Solutions | 2,564.6 | 1,825.8 | 40.4% | 34.4 |
99 acres for real estate | 482.7 | 363.4 | 32.8% | 6.4 |
Others | 371.8 | 371.8 | 26.2% | 4.9 |
Info Edge shares closed yesterday at INR 6,342.70 (USD 85.22), down 1.0% on the day and 15.04% below its 52-week high of INR 7,465.40 (USD 100.31), set on 19 October 2021. The company has a market cap of INR 823.63 billion (USD 11.06 billion).