Naukri (InfoEdge) showed some growth in the Q3 results.
Revenue grew 28% over last year, to 75 crores, and profits grew over 40%, as did EPS. So where did they spend lesser? Turns out nearly 3 crores lesser than the last quarter in promotion and marketing. We’ll have to wait and see what management has to say.
But overall, this is a very overvalued stock. TTM EPS is sluggish at just 12.89. The Current market price is 574, and that means the P/E is an obscene 45+.
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