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AI-ML hiring grows 25% in May, IT sector sees 5% decline: Report
AI-ML hiring grows 25% in May, IT sector sees 5% decline: Report

Mint

time4 days ago

  • Business
  • Mint

AI-ML hiring grows 25% in May, IT sector sees 5% decline: Report

New Delhi, Jun 2 (PTI)While hiring in the Artificial Intelligence and Machine Learning (AI/ML) sector posted 25 per cent year-on-year growth in May 2025, the broader Information Technology sector saw a decline in job opportunities. According to the Naukri JobSpeak May 2025 report, overall hiring in the IT sector fell by 5 per cent compared to the corresponding period in the previous year. "In an otherwise stable job market, what stood out in May was the continued momentum in AI/ML hiring across metros alongside steady demand for senior professionals, a trend that's held firm over the past year," Naukri Chief Business Officer Pawan Goyal said. In May 2025, while overall hiring remained stable, industries like real estate (5 per cent growth) and insurance (6 per cent growth) emerged as relatively bright spots, according to the report. Hiring in Retails, Telecom/ISP, and Banking, Finance & Broking declined 8-9 per cent. However, unicorns in Banking and Financial Services ramped up hiring by 29 per cent. Hyderabad and Kochi witnessed hiring growth of 7 per cent and 8 per cent, respectively, with much of this growth attributed to senior-level hiring (professionals with over 16 years of experience). Pune also experienced a 4 per cent overall hiring increase, driven in large part by a sharp 26 per cent rise in hiring by startups. Based on job listings and hiring activity on the Naukri platform, an online job portal, the JobSpeak index calculates hiring trends by analyzing new job listings, job applications, and recruiter activity across various industries, cities, and experience levels.

Info Edge Final Dividend 2025: Naukri.Com Parent Declares Rs 3.60 Cash Reward, Check Record Date
Info Edge Final Dividend 2025: Naukri.Com Parent Declares Rs 3.60 Cash Reward, Check Record Date

News18

time27-05-2025

  • Business
  • News18

Info Edge Final Dividend 2025: Naukri.Com Parent Declares Rs 3.60 Cash Reward, Check Record Date

Last Updated: Info Edge Final Dividend 2025: Info Edge board earlier announced 1:5 stock split with record date on May 07, 2025. Info Edge Final Dividend 2025: Sanjiv Bikhchandani-led Info Edge, the parent of Naukri and Jeevansaathi platforms, has recommended a final dividend of Rs 3.60 per equity share for the financial year ended March 31, 2025, subject to declaration of the same by the members at the 30th Annual General Meeting of the Company. The Company has fixed Friday, July 25, 2025 as the Record Date for determining the entitlement of Members for the proposed Final Dividend. The dividend if approved, by the Members at the Annual General Meeting, would be paid, subject to deduction of tax at source on or after September 2, 2025. On Tuesday, shares of Info Edge fell 1.47 per cent to Rs 1451.60 apiece at the time of writing this report. Info Edge Q4 FY25 Results Info Edge on Tuesday reported that its revenue from operations stood at Rs 687 crore in Q4 FY25, up 12.96 per cent year-on-year from Rs 608 crore in Q4 FY24. Total income of the company also increased 12.39 per cent YoY to Rs 765 crore in Q4 FY25, against Rs 681 crore in Q4 FY24. The company's EBITDA grew by 5 per cent yoy to Rs 332 crore, against Rs 315 crore in Q4 FY24. EBITDA margin, however, experienced a major fall about -343 bps to 48.35 per cent in Q4 FY25, against 51.78 per cent from Q4 FY24. EPS grew 20.49 per cent to Rs 3.49 in Q4 FY25 against Rs 3.27 in Q4 FY24. EPS is adjusted post-stock split (Rs 2 face value). Likewise, net profit margin also jumped 245 bps to 37.12 per cent in Q4 FY25, as compared to 34.67 per cent in the corresponding quarter of the previous fiscal year. Info Edge board earlier announced 1:5 stock split with record date on May 07, 2025. Info Edge in an exchange filing on February 5 had said, '… We wish to inform you that the Board of Directors of the Company at their meeting held today i.e., on Wednesday, February 5, 2025, have inter alia considered and approved sub-division/split of the existing 1 (one) equity share of the Company having face value of ₹10/- (Rupees Ten only) each fully paid- up, into 5 (five) equity shares having face value of ₹2/- (Rupees Two only) each, fully paid- up, by alteration of Capital Clause of the Memorandum of Association of the Company, subject to approval of the shareholders by way of Postal Ballot and any regulatory/ statutory approvals, as may be required under applicable laws," Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.

Info Edge Q4 Results: Revenue up 14% YoY to Rs 749.6 crore, Net Profit jumps 7.6 times
Info Edge Q4 Results: Revenue up 14% YoY to Rs 749.6 crore, Net Profit jumps 7.6 times

Business Upturn

time27-05-2025

  • Business
  • Business Upturn

Info Edge Q4 Results: Revenue up 14% YoY to Rs 749.6 crore, Net Profit jumps 7.6 times

Info Edge (India) Ltd has reported robust financial results for the fourth quarter ended March 31, 2025, supported by a sharp rise in other income and an exceptional gain. The company's strong revenue growth and operating performance marked a significant recovery compared to the same quarter last year. Q4 FY25 Highlights (YoY Comparison): Net Profit surged to ₹463.3 crore , up from ₹60.3 crore in Q4 FY24 Exceptional Gain stood at ₹25.50 crore , compared to an exceptional loss of ₹162 crore last year Revenue rose 14% YoY to ₹749.6 crore from ₹657.4 crore EBITDA increased to ₹247.90 crore , up 13% from ₹219.30 crore EBITDA Margin stood at 33.07%, slightly lower than 33.36% in the year-ago period The sharp improvement in profitability was driven by both operational efficiency and one-time gains, despite a marginal decline in margins. With this performance, Info Edge continues to solidify its position in the Indian digital classifieds and recruitment services space through platforms like Naukri, 99acres, and Jeevansathi. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

Naukri bug exposed recruiter email IDs via mobile apps: Report
Naukri bug exposed recruiter email IDs via mobile apps: Report

Economic Times

time25-05-2025

  • Business
  • Economic Times

Naukri bug exposed recruiter email IDs via mobile apps: Report

Live Events A bug in Naukri .com's mobile apps exposed the email addresses of recruiters using the platform to hire talent, according to a report by TechCrunch. The vulnerability has since been researcher Lohith Gowda , who discovered the issue, said it was caused by a flaw in the API used by Naukri's Android and iOS apps. The bug exposed recruiter email IDs when they viewed candidate profiles. The web version of was unaffected.'The exposed recruiter email IDs can be used for targeted phishing attacks, and recruiters may receive excessive unsolicited emails and spam,' Gowda told also warned that the data could end up in public breach databases or spam lists, making it susceptible to bot abuse or scams.A senior IT infrastructure executive at Naukri said the issue was resolved earlier this week and added that the company had 'detected no unusual activity that affects the integrity of user data'.

Naukri bug exposed recruiter email IDs via mobile apps: Report
Naukri bug exposed recruiter email IDs via mobile apps: Report

Time of India

time25-05-2025

  • Time of India

Naukri bug exposed recruiter email IDs via mobile apps: Report

A bug in Naukri .com's mobile apps exposed the email addresses of recruiters using the platform to hire talent, according to a report by TechCrunch. The vulnerability has since been fixed. Security researcher Lohith Gowda , who discovered the issue, said it was caused by a flaw in the API used by Naukri's Android and iOS apps. The bug exposed recruiter email IDs when they viewed candidate profiles. The web version of was unaffected. 'The exposed recruiter email IDs can be used for targeted phishing attacks, and recruiters may receive excessive unsolicited emails and spam,' Gowda told TechCrunch. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo He also warned that the data could end up in public breach databases or spam lists, making it susceptible to bot abuse or scams. A senior IT infrastructure executive at Naukri said the issue was resolved earlier this week and added that the company had 'detected no unusual activity that affects the integrity of user data'. Live Events

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