Shares of Info Edge (India) surged over 8% to Rs 311 after the company announced robust earnings for the June quarter.
The company reported a net profit of Rs 29.4 crore for the quarter ended June 30, 2013, a jump of over 450% compared with Rs 6.3 crore for the previous quarter ended March 31, 2013.
Income from operations during the quarter under review was marginally up at Rs 120.8 crore compared with Rs 117.1 crore in the previous quarter, the company said in a release to the Bombay Stock Exchange today.
The company's job portal Naukri.com is the largest revenue earner.
