Just Dial Ltd, a leading local search service, reported a 9.73% decrease in its consolidated net profit to INR 107.8 crore in the September quarter of fiscal year 27.
According to regulatory filings, in the quarter from July to September of the previous year, the company earned a net profit of INR 119.44 crore. Nevertheless, Just Dial's operating revenue increased by 13.11% in the September quarter, reaching INR 342.82 crore compared to INR 303.07 crore in the same quarter last year.
The company's total expenses amounted to INR 262.81 crore, which is 14.6% higher compared to the previous year. Furthermore, the company, which belongs to Reliance Retail Ventures, the retail division of Reliance Industries Ltd, headed by billionaire Mukesh Ambani, reported an increase in total income by 5.6% to INR 397.38 crore in the second quarter of fiscal year 27.
On Monday, Just Dial Ltd shares closed at INR 732.55 per share on the BSE, showing a growth of 2.82%.