Just Dial fell 2.60% to Rs 1,435 at 9:25 IST on BSE after net profit rose 3.80% to Rs 29.75 crore on 6.39% increase in total income from operations to Rs 119.86 crore in Q3 December 2013 over Q2 September 2013.
The company announced the result after market hours on Monday, 27 January 2014.
Meanwhile, the BSE Sensex was rose 41.70 points, or 0.20%, to 20,749.15.
On BSE, so far 45,000 shares were traded in the counter, compared with an average volume of 2 lakh shares in the past one quarter.
The stock hit a high of Rs 1,494 and a low of Rs 1,404 so far during the day. The stock hit a record high of Rs 1,774.35 on 22 January 2014. The stock hit a 52-week low of Rs 588.85 on 6 June 2013.
The stock had outperformed the market over the past one month till 27 January 2014, rising 6.34% compared with the Sensex's 2.29% fall. The scrip had outperformed the market in past one quarter, rising 43.62% as against Sensex's 0.12% rise.
The large-cap company has an equity capital of Rs 70.07 crore. Face value per share is Rs 10.
The company reported other income of Rs 11.08 crore in Q3 December 2013 compared with other income of Rs 8.65 crore in Q2 September 2013.
Profit from operations before other income, finance costs and exceptional items fell 5.52% to Rs 29.09 crore in Q3 December 2013 over Q2 September 2013.
Just Dial's net profit rose 86.40% to Rs 29.75 crore on 25.92% increase in total income from operations to Rs 119.86 crore in Q3 December 2013 over Q3 December 2012.
Mr. V.S.S. Mani, MD & CEO, Just Dial said: "We witnessed another quarter of good revenue growth and margin expansion. We have launched a number of new products in the 'Search Plus' services and have begun the process of engagement with our SME partners for those services. With other 'Search Plus' products in the pipeline, we intend to cover almost a whole range of day to day tasks that users conduct and provide them with a seamless search and transaction experience on a single platform."
Cash and investments totaled to Rs 608 crore as at 31 December 2013 as compared to Rs 476 crore as at 31 December 2012.
Just Dial provides local search related services to users in India through multiple platforms such as the internet, mobile internet, over the telephone (voice) and text (SMS).
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