Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsInvesting more on branding & attracting more traffic: Info Edge

    Investing more on branding & attracting more traffic: Info Edge

    In an interview with CNBC-TV18, Chintan Thakkar, CFO of Info Edge spoke about the results and his outlook for the company.

    CNBC-TV18
    February 02, 2018 / 15:21 IST

    Info Edge posted a weak set of Q3 earnings. Revenue growth has been rather muted this quarter and margins are also under pressure for the company.

    In an interview with CNBC-TV18, Chintan Thakkar, CFO of Info Edge spoke about the results and his outlook for the company.

    Speaking about the real estate side of the business, Thakkar said, "we have started investing more on increasing our branding and attract more traffic. So we have been spending more money in anticipation of revenue and we are hopeful that this business would recover much faster."

    For full interview, watch accompanying video...

    CNBC-TV18
    first published: Feb 2, 2018 03:07 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347