Info Edge posts Rs-38 cr pre-tax loss in Q3, income rises 11% to Rs 359 cr

Segment-wise, it posted a 16 per cent rise in revenue on a y-o-y basis both for recruitment solutions and 99 acres segments

Internet company Info Edge (India) on Wednesday posted a pre-tax loss of Rs 38 crore in the December quarter. The company which runs several internet businesses such as Naukri.com, Jeevansathi.com, and 99acres.com had registered a pre-tax profit of Rs 364.2 crore for the corresponding quarter of the previous financial year.

The Noida-headquartered company posted a consolidated loss of Rs 62.1 crore for the quarter as compared to a consolidated profit of Rs 330 crore in the year-ago period, Info Edge said in a filing to BSE. The consolidated income, however, increased 11 per cent y-o-y (year-on-year) at Rs 359.7 core.