I normally don’t track this company nor their web properties for some reason. However, in a research report published by Citigroup analysts just a while ago, they expect the company to beat their estimates for Q1FY2008 of Rs 405m (+45% YoY) and net profit of Rs 69m (+31% YoY).
- Naukri continues to lead the India online recruitment market and should show solid YoY growth in Q1FY08.
- Jeevansathi and 99acres are not expected to contribute towards the bottomline of the company in the past quarter.
Naukri has another competitor now, techTribe which was kind of lost upon its business model [Career Networking, copy of LinkedIn] but still manged to raise VC funding.
Tags: Naukri, Web India, India Earnings, Internet India