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Posts Tagged ‘ 99acres.com ’

Naukri parent Info Edge’s Q1 profit jumps 55% as 99acres cuts losses

Monday, July 25, 2016 | More »

Online classifieds company Info Edge (India) Ltd, which runs Naukri.com, 99acres.com and Jeevansathi.com among others, reported 55% jump in net profit for the first quarter as it cut losses under its realty portal in the first quarter ended June 30, 2016. The firm posted standalone net profit of Rs ...


Real estate portal 99acres narrows losses in Q4

Property portal 99acres.com has shrunk its losses in the quarter through March from the previous three months while growing its revenue. The portal, operated by Info Edge (India) Ltd, posted a pre-tax loss of Rs 13.37 crore for the fourth quarter of 2015-16 from a loss of Rs 21.28 crore in the third...

25 May, 2016 | More »


Three co-founders quit Housing.com to start new venture

Three more co-founders of Housing.com have quit, with only three of the original 12 co-founders now remaining with the realty portal. Co-founders Abhishek Anand, Ravish Naresh and Sanat Ghosh exited the startup two weeks back to start their new venture. “Abhishek, Ravish and Sanat played an import...

22 April, 2016 | More »


Naukri.com parent’s profit almost halves in Q3, revenue up 19%

Info Edge (India) Ltd on Thursday reported a 44 per cent drop in quarterly net profit, as earnings from its core recruitment solutions business under Naukri.com were outweighed by losses in 99acres.com property portal. Net profit for the third quarter ended December 31 fell to Rs 21.7 crore from R...

28 January, 2016 | More »

Naukri.com parent Info Edge’s Q2 net profit flat

Info Edge (India) Ltd reported flat earnings for the second quarter, as a loss in its 99acres.com property portal offset a profit from its Naukri.com jobs site. Standalone net profit rose a tad to Rs 33.9 crore for the July-September quarter from Rs. 33.2 crore a year earlier, the company said in a...

6 November, 2015 | More »


Naukri parent Info Edge’s profit sinks 28% as 99acres losses shoot up; revenues up 18.5% in Q1

Info Edge (India) Ltd, which runs a slew of internet properties such as Naukri, 99acres, Jeevansathi and Shiksha among others, saw its share price get battered as net profit sank by over a quarter due to losses logged by its property listing venture 99acres.com. The firm reported a standalone net pr...

27 July, 2015 | More »


Property listing site 99acres hits Rs 100Cr revenue mark, sinks deeper into losses in FY15

Info Edge (India) Ltd, the most valued of the handful of public listed internet ventures that operates a string of sites on its own besides owning a stake in several others, is particularly bullish on its property search site 99acres.com. So much so that last year it raised Rs 750 crore through a qu...

5 June, 2015 | More »


Naukri parent Info Edge’s profit more than doubles, buoyed by one time gain; revenue up 25% in Q4

Info Edge (India) Ltd, which runs a slew of internet properties such as Naukri, 99acres, Jeevansathi and Shiksha among others, has reported a standalone net profit of Rs 82.18 crore for the quarter ended March 31, 2015 compared to 33.6 crore in the year ago period. The jump in profit was partly due ...

29 May, 2015 | More »


Naukri.com parent Info Edge reports 20% rise in PAT; revenue up 18% in Q3

Info Edge (India) Ltd, which runs a slew of internet properties, including Naukri, 99acres, Jeevansathi and Shiksha, has reported net profit of Rs 38.6 crore for the quarter ended December 31, 2014, up by about 20 per cent compared with the corresponding period last fiscal. The company’s net reven...

19 January, 2015 | More »


99acres.com ropes in HomeShop18’s Narasimha Jayakumar as its chief business officer

99acres.com, a real estate portal run by Info Edge (India) Ltd, has appointed Narasimha Jayakumar as its chief business officer. According to his LinkedIn profile, Jayakumar had joined the company earlier this month. The development was first reported by MediaNama. Jayakumar has over 17 years of wor...

8 January, 2015 | More »

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