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  1. Just Dial shares surge nearly 8% despite 25% fall in Q4 net profit

Just Dial shares surge nearly 8% despite 25% fall in Q4 net profit

Just Dial shares jumped as much as 7.55 per cent in the early trade on Monday despite the company reported 25.08 per cent fall in net profit figure at Rs 35.33 crore for the quarter ended March 31, 2016.

By: | New Delhi | Updated: May 23, 2016 4:31 PM
just dial shares Just Dial shares jumped as much as 7.55 per cent in the early trade on Monday despite the company reported 25.08 per cent fall in net profit figure at Rs 35.33 crore for the quarter ended March 31, 2016. (Photo: Reuters)

Just Dial shares jumped as much as 7.55 per cent in the early trade on Monday despite the company reported 25.08 per cent fall in net profit figure at Rs 35.33 crore for the quarter ended March 31, 2016. It had posted a net profit of Rs 47.16 crore in the same quarter last year.

At 10.02 am, shares of Just Dial were trading 3.01 per cent up at Rs 774.05. The scrip opened at Rs 770 and has touched a high and low of Rs 808.20 and Rs 770, respectively, in trade so far. The scrip later ended 6.55 per cent down at Rs 702.25.

Just Dial Ltd’s total income from operations advanced 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.

Total expenditure of Just Dial increased by 14.81 per cent year-on-year (yoy) to Rs 134.61 crore against Rs 117.25 crore in the corresponding quarter a year ago.

In the past one year, the share price of Just Dial slid 34 per cent to Rs 751 till May 20, whereas BSE Sensex plunged 9.11 per cent in the same period.

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