Info Edge (India) net rises 47.49% to Rs 83.97 cr in FY11
Info Edge (India) on Thursday reported a 47.49% growth in profit after tax to 83.97 crore for the year ended March 31, 2011.
By PTI | Updated:
NEW DELHI: Info Edge (India) on Thursday reported a 47.49% growth in profit after tax to 83.97 crore for the year ended March 31, 2011.
In the year-earlier, the company had a profit after tax (PAT) of 56.93 crore, Info Edge said in a statement. The company's net sales rose to 293.62 crore in the year ended March 31, 2010, from Rs 232.22 crore in the previous year. Thus, registering a growth of 26%.
"There is a significant increase in net sales and margin indicates as a result of an improvement in the recruitment and real estate segments and in the competitive position," Info Edge (India) Ltd CFO and Director Ambarish Raghuvanshi said.
Shares of the company closed at 725 on the Bombay Stock Exchange, down 2.53% from the previous close.
In the year-earlier, the company had a profit after tax (PAT) of 56.93 crore, Info Edge said in a statement. The company's net sales rose to 293.62 crore in the year ended March 31, 2010, from Rs 232.22 crore in the previous year. Thus, registering a growth of 26%.
"There is a significant increase in net sales and margin indicates as a result of an improvement in the recruitment and real estate segments and in the competitive position," Info Edge (India) Ltd CFO and Director Ambarish Raghuvanshi said.
Shares of the company closed at 725 on the Bombay Stock Exchange, down 2.53% from the previous close.
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