Info Edge Dec qtr net profit up 13%

Info Edge, which owns online job portal Naukri, today said its net profit rose over 13 per cent to Rs 53.3 crore for the December quarter.
It had posted net profit of Rs 47.1 crore in the October- December period of last fiscal, it said in a statement.
The company's income from operations stood at Rs 227.1 crore in the quarter under review, up 22 per cent from Rs 186 crore in the year-ago period.
"On a very positive development, real estate search portal 99acres has shown remarkable recovery with 54 per cent growth in billings for the quarter year-on-year (basis)," Info Edge CFO Chintan Thakkar said.

Recruitment business continues to show steady growth of billings at 13 per cent for the quarter over the year-ago period, he added.
The board has declared second interim dividend of Rs 1.5 per share for the financial year 2017-18.
Shares of the company closed at Rs 1,347.35 apiece, up 1.2 per cent from its previous close on BSE.