Info Edge Q1 total income at Rs 52cr

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Info Edge has declared its Q1FY08 results.

Here are the key concall takeaways:

• Market for Naukri remains competitive
• The company achieved a profit after tax of INR 116.41 million compared to INR 52.19 million in corresponding quarter in 2006, representing a sharp growth of 123% in profits.
• Total Income in Q1 of FY 07-08 at INR 520.01 million shows an increase of 77% over corresponding quarter in 2006.
• EBITDA at Rs 173.05 million grew 98% over corresponding quarter in 2006.
• Resumes on Naukri at 10 mn as compared with 9 mn
• Avg registration on Jeevansaathi at 2500 per day
• 99 acres some slowdown because of mkt conditions, but small share in advertising mix
• Jeevansaathi sees steady growth, discovering way forward creating markets
• In Jeevansaathi price takers
• Looking at education business, career guidance site
• Revenue model seen advertising
• Taken slight price increase in Q1
• 99 acres listings on site were 65,000
• Have taken increments in Q1
• 7%-10% from foreign, most of it dollars
• Derived exposure on
• Looking for increase in headcount in 99 acres and naukri
• not looking at any huge ramp up
• 5-6 people for Gulf expansion