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Info Edge Q2 profit seen up 37% on strong operational growth

Online classifieds company Info Edge's second quarter profit is likely to jump 37 percent quarter-on-quarter to Rs 46.5 crore on strong operational performance, according to analysts polled by CNBC-TV18.

October 27, 2016 / 11:29 IST
     
     
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    Online classifieds company Info Edge's second quarter profit is likely to jump 37 percent quarter-on-quarter to Rs 46.5 crore on strong operational performance, according to analysts polled by CNBC-TV18.

    Revenue during the quarter is seen rising 16.25 percent to Rs 202.5 crore on sequential basis.

    Operating profit may grow 63.6 percent sequentially to Rs 54.5 crore and margin may expand 778 basis points to 26.9 percent in Q2.

    first published: Oct 27, 2016 11:29 am

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