 "Just Dial dips on disappointing Q2 results")
Just Dial has dipped 6% to Rs 906 on the BSE after the company posted 6.7% year on year (YoY) decline in operating profit at Rs 39.72 crore for the quarter ended September 2015 (Q2) against Rs 42.60 crore in the year ago quarter.
The company engaged in search and related services business has reported 47% YoY jump in net profit at Rs 46.30 crore mainly on account of higher other income. It had profit of Rs 31.49 crore in the previous year quarter.
Income from other sources during the quarter increased by three-fold at Rs 26.26 crore against Rs 8.51 crore in the corresponding quarter of previous fiscal. Operational income grew 16% at Rs 171 crore on YoY basis.
Analysts on an average had expected net profit of Rs 41 crore and revenues of Rs 183 crore for the quarter.
The stock hit an intra-day low of Rs 895 on the BSE so far. A combined 840,090 shares changed hands on the counter on the BSE and NSE till 10:13 am.
The company engaged in search and related services business has reported 47% YoY jump in net profit at Rs 46.30 crore mainly on account of higher other income. It had profit of Rs 31.49 crore in the previous year quarter.
Income from other sources during the quarter increased by three-fold at Rs 26.26 crore against Rs 8.51 crore in the corresponding quarter of previous fiscal. Operational income grew 16% at Rs 171 crore on YoY basis.
Analysts on an average had expected net profit of Rs 41 crore and revenues of Rs 183 crore for the quarter.
The stock hit an intra-day low of Rs 895 on the BSE so far. A combined 840,090 shares changed hands on the counter on the BSE and NSE till 10:13 am.
