If company can grow at 20%, there can be substantial increase in margins: Info Edge

The Info Edge India stock has had a good run recently with a 44 percent gain in the last six months and up 25 percent in September alone.

In an interview to CNBC-TV18, Hitesh Oberoi, CEO & MD of Info Edge spoke about the latest happenings in the company and what is making their stock tick.

Nothing much has changed in the last three months. We have been working relentlessly in all our businesses to improve our operating performance, said Oberoi.

"In real estate (99acres.com) our market share story is improving and more and more business is moving online. The jeevansathi.com business which we run internally, has been on a tear for the last eight quarters and Zomato which is one of our big investment outside, has had a great last four or five quarters. They are almost breaking even and growing at a healthy pace," he said.

He further said that if company can grow at 20 percent, there can be substantial increase in margins.

Saw slow hiring in IT in last quarter, he added.

He further said that hiring has been more broad-based than earlier.

Watch accompanying video for more details.