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IT sector recruiting is seeing mild recovery, says Info Edge

Info Edge India is higher in trade, reacting to a good set of earnings. In an interview to CNBC-TV18, Hitesh Oberoi, CEO & MD of the company discussed the Q2 performance.

October 31, 2017 / 15:39 IST

Info Edge India is higher in trade, reacting to a good set of earnings. In an interview to CNBC-TV18, Hitesh Oberoi, CEO & MD of the company discussed the Q2 performance.

We grew billings by 14 percent this quarter and margins improved as a result, said Oberoi.

However, billings for 99acres.com declined by 4 percent.

Talking about job portal, he said margins improved in Naukri.com because operating expenses went down.

According to him, IT sector recruiting is seeing a mild recovery.

Watch accompanying video for more details.

CNBC-TV18
first published: Oct 31, 2017 03:38 pm

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