Local search engine Just Dial today reported about 2 per cent decline in net profit at Rs 38.16 crore for the quarter ended June 30.
The company had reported a net profit of Rs 38.93 crore in the corresponding quarter a year ago.
Total income from operations during the quarter under review stood at Rs 216.65 crore as against Rs 204.95 crore during the same period of the previous fiscal, Just Dial said in a BSE filing.
Its total expenses during the first quarter stood at Rs 167.19 crore.
The company also said that the board of directors has approved buyback of equity shares of the company up to Rs 83.91 crore though open market mechanism at market price not exceeding Rs 700 per share.
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