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Posts Tagged ‘ 99acres ’

Naukri.com parent Info Edge’s Q3 net slips 41% QoQ as note ban weighs

Monday, January 30, 2017 | More »

Online classifieds company Info Edge (India) Ltd, which runs Naukri.com, 99acres.com and Jeevansathi.com, among other online businesses, reported a net profit of Rs 47.1 crore for the third quarter of FY17, down 41.1% from Rs 80 crore of the previous quarter. Year on year, however, profit was up 76....

Hitesh Oberoi, MD & chief executive, Info Edge

Will increase share of non-IT jobs on Naukri: Info Edge’s Hitesh Oberoi

India’s largest job portal Naukri.com is looking to expand its offering in order to offset the slump in IT hiring. For parent company Info Edge, Naukri is the most profitable vertical, even as its matrimonial and education verticals steadily inch towards profitability. Info Edge’s real estate ve...

27 December, 2016 | More »

Info Edge

Naukri parent Info Edge’s Q2 profit more than doubles

Info Edge (India) Ltd has reported a more than doubling of net profit for the fiscal second quarter, as earnings from the Naukri.com hiring services business jumped and losses at its 99acres.com real-estate portal shrank. Standalone net profit for the quarter through September surged to Rs 80.07 cro...

27 October, 2016 | More »


Exclusive: Housing.com CMO quits to join Intuit India

Housing.com’s chief marketing officer (CMO), Nikhil Rungta has quit the Mumbai-based startup to join Intuit India as its managing director. Rungta had joined housing.com, run by Locon Solutions Pvt. Ltd., from Reliance Jio in November last year. Rungta has previously worked at Google, Yebhi.co...

22 September, 2016 | More »


Online classifieds to be dominated by e-services, real estate, auto: Google-KPMG report

E-services, real estate, and automobiles will be the key growth areas in the digital classifieds industry, according to a joint report by Google and KPMG, released on Wednesday. The report ‘Digital Classified in India 2020’ projects that the online classifieds industry will grow three-ti...

21 September, 2016 | More »


Naukri parent Info Edge backs Diro Labs, Unnati Helpers

Info Edge (India) Ltd has invested in contacts management venture Diro Labs and housekeeping services provider Unnati Helpers, as the parent of hiring portal Naukri.com spreads its bets on startups. The company said in a stock-exchange filing on Wednesday that it purchased an 11.5% stake in Diro Lab...

15 June, 2016 | More »


Info Edge Q1 revenue up 14% at Rs 120.7Cr but net profit declines 7.5%; writes off investment in Floost

Info Edge (India) Ltd, which runs sites such as Naukri.com and 99acres.com, reported 14 per cent rise in revenues, which stood at Rs 120.7 crore for the three months ended June 30, 2013, over the year-ago period. Standalone revenues, which exclude financials of subsidiaries running sites such as Mer...

18 July, 2013 | More »


Chasing break-even a mistake; products should have been early focus: Info Edge’s Hitesh Oberoi

Info Edge India Ltd, which operates customer-centric portals such as Naukri.com and 99acres.com, feels that the company should have invested more in technology and products in its early years, instead of just looking to reach break-even. “In the early years, we were looking to achieve break-even ...

21 March, 2013 | More »


Naukri owner Info Edge’s Q3 revenues rise 15.7%; profit up 6.9% year on year

Info Edge (India) Ltd, the largest consumer internet firm in the country by market value which runs sites such as Naukri.com and 99acres.com, saw revenues rising 15.7 per cent to Rs 106.4 crore for the third quarter ended December 31, 2012, over the year-ago period. The standalone net profit rose 6....

21 January, 2013 | More »


Naukri is the only biz making money at Info Edge, rest in investment mode: Sanjeev Bikhchandani

Naukri.com is perhaps the most popular product of Info Edge (India) Ltd, the country’s first public listed internet firm, which has a string of consumer internet properties in its stable including a matrimonial site Jeevansathi.com, real estate portal 99acres.com and education portal Shiksha.com....

19 December, 2012 | More »

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