Thursday, July 19, 2007

Info Edge Recognized as Tomorrow's Giant

I'm proud to be a part of this company for over 4 years now..... :-)

Jul 17, 2007
New Delhi, Delhi, India -- (Business Wire India)
Info Edge (India) Ltd. has been identified amongst the Top 100 Mid Sized Companies in India. In a survey conducted by Business World Info Edge emerged at no. 43 on an overall performance rank, and was ranked 7 on total average returns in the Rs 50-100 crore category. In this bracket, 256 companies had made it to the final assessment.

According to Sanjeev Bikhchandani, Founder and CEO, Info Edge (India) Ltd , It feels good to be recognized as one of the best performing companies by Business World this year (a watershed year for the company in which we crossed Rs. 100 Crores and also listed on the stock exchanges). Info Edge has been consistently striving to deliver on the highest standards of professional governance and value creation through high growth and margin expansion. This recognition underscores our commitment to being the best in the industry.

The rankings were based on the holistic performance of a company. The survey included both public and private companies whose net sales was between Rs. 50 crore- 1,000 crore in the recent accounting year. Performance of a company over the past three years on five key parameters was taken in to account i.e. size, growth in net sales, growth in net profits, profitability and average returns. The companies included in the survey were those that ensured consistent performance throughout the year

The recent ranking by the Business World survey 2006 is a further reiteration of the fact that Info Edge has consistently delivered superior products and performance for its stake holders customers, employees and investors.

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