Daily News

View All News

India – Info Edge second quarter revenue profits and billings on the rise

15 November 2021

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).