Info Edge (India) Limited Announces Q2 FY15 Results for the Quarter Ended Sep 30, 2014, Net Sales Up by 20% and PAT Down by 0.1%

Quarter Ended on Sep 30, 2014:

· Net sales at Rs 147.6 crore up by 20% over the corresponding quarter in FY 2013-14

· Total Income was at Rs 158.6 crore up by 19.5% over the corresponding quarter in FY 2013-14.

· PAT was at Rs 33.2 crore in comparison to Rs. 33.3 crore in Q2 FY14

Info Edge (India) Limited today announced results for the 2nd quarter ended Sep 30, 2014.

The company reported PAT of Rs 33.2 crore for the quarter ended Sep 30, 2014 compared to Rs 33.3 crore for quarter ended Sep 30, 2013. Info Edge recorded Net Sales of Rs 147.6 crore for the quarter Ended Sep 30, 2014 compared to Rs 123 crore in quarter Ended Sep 30, 2013.

Mr. Hitesh Oberoi, MD & CEO, said “Growth in Naukri is sustaining and we expect it to improve as the economy picks up. We continue to invest aggressively in the 99acres business to further strengthen our Market leadership position”

Commenting on the results, Mr Chintan Thakkar, CFO said “The QIP response was a strong indication of investor confidence. It further strengthens our position in the Indian internet space. This is further being reflected in growth in revenue”

During the quarter, recruitment solutions grew by 18.8% while the real estate vertical grew by 32.5% over the corresponding quarter in FY 2013-14.

About Info Edge (India) Ltd:

Info Edge (India) Limited (NSE: NAUKRI) is among the leading internet companies in India. Info Edge runs leading internet businesses - Naukri.com - India’s no. 1 job site, Jeevansathi.com – one of the leading matrimonial portals, 99acres.com - India’s No.1 real estate portal and Shiksha.com – India’s leading education portal. The company also owns Quadrangle – an offline executive search business, and Naukri Gulf (a leading jobsite in the Middle East market).

Apart from this Info Edge has made significant strategic investments into emerging internet companies – meritnation.com, policybazaar.com, lmydala.com, Canvera.com, happily unmarried.com and zomato.com

Info Edge has ventured into newer businesses & markets, invested in internet start-ups. The company has attracted a very high quality list of institutional shareholders. With its headquarters in Noida (NCR), the company employs over 3600 people and operates through 48 offices in 31 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain catering to the Middle East market