Latest news with #Jeevansathi
Economic Times
17 hours ago
- Business
- Economic Times
Info Edge's Q1 profit grows 32% on year, but falls sequentially
ETtech Info Edge, the parent company of job site on Friday reported a more than 32% increase in net profit for the quarter ended June 30 compared with a year earlier, supported by revenue growth in both its recruitment and non-recruitment Noida-based firm's net profit rose to Rs 342.8 crore from Rs 258.8 crore in the first quarter of last fiscal year. Consolidated operating revenue increased 17% to Rs 790.8 crore. Sequentially, however, net profit nearly halved from Rs 677.8 crore, primarily due to slower billing growth in its recruitment business and higher expenses related to marketing and employee benefits. Billings from Info Edge's core recruitment business grew 9% year-on-year to Rs 470 crore, but moderated from the previous quarter's 18.4% expansion. Managing director and chief executive Hitesh Oberoi attributed this slowdown to macroeconomic challenges, including geopolitical uncertainties and softness in sector-specific demand, which have affected investment decisions of companies. 'We observed a trend of contract deferrals by some clients towards the end of the quarter which is usually the peak period for closures. As a result, renewal activity was impacted, leading to a moderation in overall billings growth,' he said at the quarterly earnings call.'Despite the recent moderation in recruitment billings, we remain cautiously optimistic about growth momentum in the quarters ahead,' he company's non-recruitment portfolio, which includes real estate listing platform 99acres, matrimony service Jeevansathi and education portal Shiksha, recorded combined billing growth of 17.6% during the quarter, according to an investor Edge's total income rose to Rs 1,004 crore for the quarter from Rs 827 crore a year ago, while expenses increased to Rs 563.8 crore from Rs 484.5 crore. Employee benefit expenses and advertising costs surged 11.7% and 26.8%, cited an advertising campaign during the Indian Premier League for increased marketing expenses on Naukri, and said it plans to moderate spending in this segment. However, it believes businesses such as 99acres and Jeevansathi require increased marketing investments to gain greater market from the recruitment solutions business, including grew 15% YoY to Rs 562 crore. Revenue from 99acres increased 12% to Rs 110.6 crore. Other businesses, including Jeevansathi and Shiksha, grew 30%.Regarding the impact of artificial intelligence on the job market, Oberoi said although AI adoption is still in early stages, there is a noticeable softness in demand. He cited a slowdown in hiring and business activity in certain domestic non-IT industries as well as IT services companies. 'What we are sensing right now is that there seems to be more demand for premium talent than regular sort of job seekers.' Info Edge, an early investor in the Indian startup ecosystem with stakes in companies such as Eternal and PB Fintech, recently secured shareholder approval to invest up to Rs 1,000 crore in its Info Edge Ventures Fund III to ramp up startup investments. According to the company's investor presentation, it currently holds 20 active investments in unlisted startups with a total carrying value of Rs 639 of Info Edge ended at Rs 1,332.50 on the BSE on Friday, down 2.1% from the previous close. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. End of an era: The Maggi Man who rebuilt Nestlé India bows out In a flat market, are REITs the sweet spot between growth and safety? India's last cement IPO did not work. Can JSW Cement break that curse? The airport lounge war has begun — and DreamFolks is losing Stock Radar: APL Apollo Tubes stock fails to hold momentum after hitting highs in June; what should traders do? Multibagger or IBC - Part 18: This auto ancillary started with wheels. It now also powers wind & war Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus Transformation underway & no tariff threat: 6 large-caps power stocks with an upside potential of up to 36%
Time of India
17 hours ago
- Business
- Time of India
Info Edge's Q1 profit grows 32% on year, but falls sequentially
Synopsis Info Edge reported a 32% increase in net profit for the quarter ending June 30, driven by revenue growth in recruitment and non-recruitment sectors. While overall billings grew, the recruitment business experienced a slowdown due to macroeconomic challenges and contract deferrals. The company remains cautiously optimistic, planning increased investments in 99acres and Jeevansathi to boost market share.
News18
5 days ago
- Entertainment
- News18
‘I Married The Guy Who Hated Me In School': This Viral Jeevansathi Love Story Is Super Filmy
A woman recalled how her relationship with her now-husband began with mutual dislike back in school. Unusual weddings, whether for their location or quirky rituals, often end up taking social media by storm. The latest to capture hearts online is a woman's post about marrying her former classmate. A woman, on this Friendship Day, shared her touching story on X (formerly Twitter), revealing how the boy who was once her school 'enemy" eventually became her life partner. She recalled how their relationship began with mutual dislike back in school; she wouldn't even share her lunch with him, yet fate brought them together 15 years later on a matrimonial site. The woman shared an old class picture marking each other and a snap from their wedding day with the caption, 'I MARRIED THE GUY WHO HATED ME IN SCHOOL." I MARRIED THE GUY WHO HATED ME IN SCHOOLI was the kind of girl who didn't want to be friends with boys. A nerdy shy guy tried to share his lunch with me and i accidentally broke his pokemon tiffin box lol.. I think I almost made him cry that day and he never spoke to me… — Aanchal Rawat (@AanchalRaw3702) August 2, 2025 Woman Shares Her Unique Wedding Story In the note, she wrote, 'I was the kind of girl who didn't want to be friends with boys. A nerdy, shy guy tried to share his lunch with me, and I accidentally broke his Pokémon tiffin box lol.. I think I almost made him cry that day, and he never spoke to me again.. Cut to 15 Years later, I stumbled upon the same nerdy guy on Jeevansathi. His first text was literally 'Will you ever buy me a new tiffin box?' Hamari school time mei dosti toh nahi hui par han hamari shaadi zarur hogi. Happy Friendship Day, Pati Dev." Internet Was All Heart For Her Love Story The post quickly went viral, charming users with its full-circle love story. The comments were flooded with witty reactions and heartfelt wishes, as people gushed over the couple's one-of-a-kind journey from classmates to soulmates. A user wrote, 'That is commitment. Broke lunch box, don't break heart. All the best." While another person mentioned, 'That's such a sweet and filmy love story. God bless you both." A user wrote, 'He remembered! Hope you never break another tiffin again. Wishing you both all the meals and memories ahead." A person joked, 'Now you'll pack his lunch box every day…Cute story," while another person commented, 'Buy him a Pokémon tiffin box asap. God bless you, too." Summarising their story, A person stated, 'From breaking his tiffin to taking his surname — that's some serious character development!" view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
NDTV
6 days ago
- Entertainment
- NDTV
"The Guy Who Hated Me In School": Woman's Wholesome Friendship Day Post For Husband Goes Viral
On Friendship Day, the internet is abuzz with selfies, heartfelt posts, and trending hashtags, as friends reminisce about shared memories and inside jokes. Amid this, a woman's Friendship Day post about her husband, who was once a classmate she didn't get along with, has gone viral and captured hearts on social media. Aanchal Rawat shared the touching full-circle love story on X, revealing how her former "enemy" became her life partner. In her now-viral post, Mr Rawat recalled how her story with her now-husband started on the wrong foot. She described herself as a girl who avoided boys in school. However, one day, a shy, nerdy classmate tried to offer her lunch- a kind gesture she didn't accept too kindly. In a twist of fate, she ended up breaking his prized Pokémon tiffin box. Fifteen years after parting ways, they reconnected on a matchmaking app, and the rest is history. "I was the kind of girl who didn't want to be friends with boys. A nerdy, shy guy tried to share his lunch with me, and I accidentally broke his Pokémon tiffin box lol.. I think I almost made him cry that day, and he never spoke to me again.. Cut to 15 Years later, I stumbled upon the same nerdy guy on Jeevansathi. His first text was literally 'Will you ever buy me a new tiffin box?' Hamari school time mei dosti toh nahi hui par han hamari shaadi zarur hogi. Happy Friendship Day, Pati Dev," the tweet read, along with a throwback class photo and a wedding picture. See the post here: I MARRIED THE GUY WHO HATED ME IN SCHOOL I was the kind of girl who didn't want to be friends with boys. A nerdy shy guy tried to share his lunch with me and i accidentally broke his pokemon tiffin box lol.. I think I almost made him cry that day and he never spoke to me… — Aanchal Rawat (@AanchalRaw3702) August 2, 2025 The post went viral, capturing hearts with its unique story of past animosity blossoming into love. The comment section was full of witty remarks, warm wishes, and even a dash of envy, as people couldn't help but admire the full-circle romance that had unfolded. One user wrote, "The kind of love story sometimes I imagine." Another joke, "He remembered! Hope you never break another tiffin again. Wishing you both all the meals and memories ahead." A third said, "He remembers the tiffin, not the grudge. That's love." A fourth added, "Most wholesome thing in my feed today."
