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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.

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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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