Just Dial Shares Crash 7% On Sluggish Numbers

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Shares in Just Dial came crashing down in trade, falling a huge 7 per cent, after its numbers largely disappointed the street. The stock hit a fresh 52-week low on sustained selling pressure and was last trading at Rs 724, after hitting a 52-week low of Rs 721 on the National Stock Exchange.

Just Dial Shares Crash 7% On Sluggish Numbers
The company reported a 8.03 per cent increase in net profit at Rs 32.14 crore for the quarter ended December 31, 2014.

The company had reported a net profit of Rs 29.75 crore in the corresponding quarter a year ago, it said in a BSE filing.

Justdial's total income from operations grew 28.83% to Rs 154.42 crore in the quarter under review as against Rs 119.86 crore in year-ago period.

Its overall expenses stood at Rs 110.42 crore, up 21.64% as compared to Rs 90.77 crore in the third quarter of the previous fiscal.

Just Dial shares were last trading at Rs 224.


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