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Info Edge has declared its third quarter numbers. Its Q3 standalone net profit was up... Read full message
6.53 PM Jan 22nd 2009  | Track
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Platinum Member
93944 Followers
Info Edge has declared its third quarter numbers. Its Q3 standalone net profit was up by 9.6% at Rs 17.2 crore versus Rs 15.7 crore (QoQ).
6.53 PM Jan 22nd 2009
Guest
All the business units other than Naukri continue to BLEED
6.54 PM Jan 22nd 2009
Silver Member
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Other income is 11 Cr out of net profit of 17 Cr.
10.49 AM Feb 20th 2009
Silver Member
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Now even naukri will bleed. The recruitment have drastically reduced due to slowdown.

Their employee cost is very high. As per the filing with BSE, the data is as follows:

Q3 Sales - 58 Cr
Employee cost - 23.4 Cr

This is 40% of sales.

It will start bleeding under the weight of its employee cost.

7.28 PM Mar 20th 2009
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