Highlights of the Quarter are:
* Total Income in Q2 of FY 09-10 at Rs.645.11 mn, a 10.8% drop over the corresponding quarter in FY 08-09.
* Operating income is 561.61 mn, which is 14% lower compared to last year.
* EBITDA is at Rs 235.15 mn compared to 223.99 mn being 5% higher as compared to last year.
* Operating EBITDA is at Rs 151.65 mn which is 2.17% lower as compared to last year.
* Profit after tax was Rs. 147.36 mn compared to 156.72 mn last year.
Commenting on the results, Ambarish Raghuvanshi, CFO and Director, Info Edge (India) Limited said, “The hiring environment continues to improve, albeit gradually. The drop in topline revenues and operating income reflects the changed scenario from the last year and is in line with expectations. However, the improvement is reflected in growth based on sequential quarter.”
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