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IT companies sees more CVs than they did 3-4 months ago, says Info Edge

However, Info Edge remains cautious about whether this surge indicates a bottoming out of utilization levels for IT firms

IT companies see more CVs than they did 3-4 months ago, says Info Edge

However, Info Edge remains cautious about whether this surge indicates a bottoming out of utilization levels for IT firms

IT hiring: Green shoots seen in IT hiring; 99acres turned cash positive in Q4: Hitesh Oberoi, Info Edge

Hitesh Oberoi, Co-Promoter, MD & CEO of Info Edge, discusses the growth in IT hiring, positive Naukri JobSpeak index movement, and real estate success. He also addresses EBITDA margins, recruitment trends, and global market influences, including exceptional losses and FY25 projections. Oberoi says IT hiring is more indexed to what happens in the US and the global economies than to what happens in the Indian economy and it has to be seen how that plays out over the next few quarters.

Info Edge Q4 revenue rises 7 9% as recruitment business ticks up

Info Edge Q4 revenue rises 7 9% as recruitment business ticks up
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Info Edge Q4 Results: PAT rises 18% YoY to Rs 211 crore, revenue up 8%

Info Edge s Q4 profit rose 18% to Rs 211 crore with revenue at Rs 608.3 crore. Operating profit margins at 37%. Final dividend of Rs 12 per share announced. Cash balance at Rs 4,191 crore. CFO highlighted 13.2% growth in cash from operations

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