Info Edge (India) Ltd.’s billing stood at ₹249.5 crore, down by 17% YoY. Revenue fell 19.1% YoY to ₹256.1 crore. “We are pleased to see gradual recovery of billings across all businesses. The QoQ billings have grown by 32.3%,” chief financial officer Chintan Thakkar said in a statement.
Info Edge runs jobs portal Naukri, real estate portal 99acres, matrimony portal Jeevansathi, and is also an early investor in Zomato.
Financial Snapshot
- Billing: ₹249.5 crore, up by 32.2% QoQ, down by 17% YoY
- Net Sales (Revenue): ₹256.1 crore, down by 8.5% QoQ and by 19.1% YoY
- Total income: ₹282.4 crore, down by 5.9% QoQ and by 16.9% YoY
- Operating EBITDA: ₹51.6 crore, down by 50.6% QoQ and by 48.1% YoY
Press Release | Earnings call scheduled for Nov 11, 2020 at 4:30 pm IST