Just Dial net profit jumps, Stock Volatile

India’s No.1 Local Search Engine Company, Just Dial Limited (JUSTDIAL) today announced its Q3FY19 results reflecting above market estimates with revenues up by 15.2% at Rs. 226.8 crore and profit mounting to Rs. 57.3 crore.

As per report by the company, traffic by quarterly unique visitors grew 24.8 percent YoY in 3Q-FY2019 to 134.2 million users.  Cash and Investments figured at Rs. 1441.6 cr as on Dec 31, 2018.  Buyback for Rs.220 Crores having done on 10th January, 2019. Total listings stood at 24.8 million with 4,85,410 active paid campaigns.

On Tuesday through the Mid-market session, Just Dial stock seen volatile on NSE and BSE after opening with a gap-up at Rs483 per share. The stock Just Dial hit an intraday high & low of Rs490.45 and Rs465.10 per share, respectively. At noon 1.00 PM, the stock was in lower circuit at Rs473.80 per share, down by 0.13 per cent on NSE.