Justdial’s Q3 net shrinks 16 pc to Rs 27 crore

NEW DELHI, Jan 28:  Local search engine Justdial today reported a 16 per cent decline in net profit at Rs 27 crore for the quarter ended December due to a sharp increase in expenses.
The company had reported a net profit of Rs 32 crore in the same quarter a year ago.
Justdial’s total income from operations grew 10.95 per cent to Rs 171.3 crore in the quarter under review as against Rs 154.4 crore a year ago, it said in a BSE filing.
Its overall expenses stood at Rs 142 crore, up 28.60 per cent, compared with Rs 110.4 crore in the third quarter of the previous fiscal.
(PTI)