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.
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!
