Info Edge (India) today reported a 47.49 % growth in profit after tax to Rs 83.97 crore for the year ended March 31, 2011.
In the year-earlier, the company had a profit after tax (PAT) of Rs 56.93 crore, Info Edge said in a statement.
The company's net sales rose to Rs 293.62 crore in the year ended March 31, 2010 from Rs 232.22 crore in the previous year. Thus, registering a growth of 26%.
"There is a significant increase in net sales and margin indicates as a result of an improvement in the recruitment and real estate segments and in the competitive position. This augurs well in a continued robust economy," Info Edge (India) Ltd CFO and Director Ambarish Raghuvanshi said.
During the year recruitment solutions grew at 24%, while the real estate vertical grew by 72%.
In the January-March quarter, net sales was at Rs 81.47 crore, up by 25% over the corresponding quarter in the last year.
Shares of the company closed at Rs 725 on the Bombay Stock Exchange, down 2.53% from the previous close.
