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Business News/ Companies / Results | Info Edge March quarter net profit declines 11%
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Results | Info Edge March quarter net profit declines 11%

Results | Info Edge March quarter net profit declines 11%

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New Delhi: Info Edge (India) Ltd, owner of job portal Naukri.com, posted on Thursday a 11.4% decline in net profit of Rs13.83 crore for the fourth quarter of 2008-09, hit by tough conditions in jobs and real estate sectors. The company had reported net profit of Rs15.61 crore in the same quarter last fiscal.

Total income of the company declined 7.29% to Rs64.15 crore in the quarter under review compared with the year-ago period, a company statement said. For the fiscal ended 31 March, the company reported a 7.57% increase in net profit at Rs59.68 crore, compared with Rs55.48 crore in the previous fiscal.

Total income increased by 14.24% to Rs245.16 crore in fiscal 2009 compared with Rs218.93 crore in the previous fiscal, the statement added.

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NDTV Q4 net loss widens to Rs143 cr

New Delhi: Media conglomerate New Delhi Television Ltd (NDTV) said on Friday its consolidated net loss widened to Rs143.47 crore for the fourth quarter ended 31 March from Rs116.53 crore in the same period last fiscal.

The consolidated income from operations rose marginally to Rs123.30 crore during the March quarter from Rs122.21 crore in the previous fiscal.

On a stand-alone basis, NDTV posted a net loss of Rs44.74 crore during the quarter under review against a net profit of Rs3.31 crore in the year-ago period.

Income from operations also fell by 71% to Rs84.13 crore in January-March quarter from Rs90.54 crore a year earlier, the company said in a statement.

For the financial year ended 31 March, NDTV posted a net loss of Rs73.18 crore, whereas it had a net profit of Rs4.28 crore in ficsal 2008.

— PTI

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Updated: 01 May 2009, 11:39 PM IST
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