Info Edge (India) Limited announces Q2 FY22 results
Info Edge recorded billing of ₹402.3 crore for the quarter ended Sep 30, 2021 compared to ₹249.5 crore in quarter ended Sep 30, 2020, up by 61.3%.
Info Edge (India) Limited today announced results for the quarter ended Sep 30, 2021.
Info Edge recorded billing of ₹402.3 crore for the quarter ended Sep 30, 2021 compared to ₹249.5 crore in quarter ended Sep 30, 2020, up by 61.3%. Net Sales (Revenue) of ₹351.7 crore for the quarter ended Sep 30, 2021 compared to ₹256.1 crore in quarter ended Sep 30, 2020, up by 37.3%. Operating EBITDA has increased by 106.2% from ₹51.6 crore in Q2 FY21 to ₹106.3 crore in Q2 FY22. The company reported PBT (before exceptional item) of ₹139.2 crore for the quarter ended Sep 30, 2021 compared to ₹65.4 crore for quarter ended Sep 30, 2020.
Commenting on the results, Mr. Chintan Thakkar, CFO said “We are excited to witness billing growth of 61.3% on YoY basis during the quarter, led by Recruitment Solutions 73.9%, 99acres 45.9%, and Shiksha 74.7%. As compared to pre-pandemic levels, i.e. Q2 FY20, Billing growth is 33.9%, led by Recruitment Solutions 38.8% and 99acres 12.5%”