Just Dial Q2 results: Net profit drops 38% to Rs 47 cr

New Delhi: Digital directory service firm Just Dial on Friday posted a 38 per cent decline in consolidated net profit at Rs 47.34 crore for the September quarter. The company had registered a net profit of Rs 76.94 crore in the same quarter a year ago.

“The operations of the company were impacted, due to shutdown of offices following lockdown imposed by the government authorities to contain spread of Covid-19 pandemic.

“Due to the Covid-19 pandemic, there has been an impact on the revenue… which has been partially offset by major cost reduction, including reduction in employee benefits, advertising and sales promotion expenses etc,” the company said in its financial report.