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Just Dial reports 86 per cent jump in PAT for Q3-2014

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BENGALURU: Indian search engine and directory services provider Just Dial limited (Just Dial) reported a jump of 86.4 per cent in its PAT for Q3-2014 to Rs 29.75 crore from Rs 15.96 crore in Q3-2013 and 3.8 per cent more than the Rs 28.66 crore in Q2-2014. 

The company reported a 25.92 per cent increase in total income to Rs 119.86 crore in Q3-2014 from Rs 95.19 crore in Q3-2013 and 6.39 per cent more than the Rs 112.66 crore in Q2-2014. 

Let us look at the other figures reported by Just Dial for Q3-2014 

Expense for Q3-2014 at Rs 90.77 crore was 20.24 per cent more than the Rs 75.49 crore in the corresponding quarter of last year and 10.87 per cent more than the Rs 81.87 crore in the immediate trailing quarter. 

Employee cost hiked by 27.36 per cent to Rs 59.59 crore in Q3-2014 from Rs 46.79 in Q3-2013 and 3.22 per cent more than the Rs 57.73 crore in Q2-2014. Other expense went up by 9.25 per cent to Rs 26.93 crore in Q3-2014 from Rs 24.65 crore in Q3-2013 and 36.7 per cent more than the Rs 19.7 crore in Q2-2014.

In October 2013, Just Dial received an order from the Government of Karnataka permitting the company to establish an IT/ITES – BPO and Software Development centre at IT/ITES Park at Devanahalli Industrial Area in Bangalore by August 2015. The company has sought certain clarification regarding the order from Karnataka Industrial Area Development Board. During the quarter the company paid and advance of Rs 7.5 crore to KIADB towards the project.

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