Wednesday, November 6

Justdial Profit Decline 25% in Q4

Local search engine Just Dial today reported 25.08 per cent decline in net profit at Rs 35.33 crore for the quarter ended March 31.

The company had reported a net profit of Rs 47.16 crore in the corresponding quarter a year ago.

Just Dial Ltds total income from operations grew 14.92 per cent to Rs 179.61 crore in the quarter under review as against Rs 156.28 crore in the year-ago period, it said in a BSE filing.

Its overall expenses stood at Rs 143.02 crore, up 19.29 per cent as compared to Rs 119.89 crore in the third quarter of the previous fiscal.

During the entire 2015-16 fiscal, the companys net profit stood at Rs 141.8 crore as against Rs 138.89 crore in the year-ago period.

Net sales during 2015-16 fiscal grew to Rs 690.83 crore as against Rs 589.8 crore a year ago.