Directory services company JustDial reported an operating revenue of Rs 179.61 crore, up 15% year-on-year (YoY), for the quarter ended March 2016 (Q4 FY16). Sequentially, operating revenues were up 4.83% from Rs 171.33 crore. JustDial's employee count increased to 11,142 from 10,198 employees. In Q2 FY16, JustDial had said that said revenue growth was hit as the company did not make adequate hiring for its sales team. Last quarter, the company said it would be adding more than 4,000 employees to handle sales for the company over the next 9-10 months. Net profit stood at Rs 35.3 crore, down 25% from Rs 47.16 crore in the same quarter last year. On a sequential basis, net profit increased 30% from Rs 26.99 crore. However, despite the recent hires, employee related costs increased marginally to Rs 97.76 crore from Rs 95.36 crore in the preceding quarter. Employee costs accounted for 31.6% of total costs. JustDial Omni During the quarter, JustDial also launched JD Omni, an inventory management product to help small businesses manage their online and offline sales, and said that it saw setup fees of Rs 3.65 crore recognized in the quarter. Omni will help small businesses and shops get their own website complete with a payment gateway. “In 10 minutes a person can get going with his own website fully in the sense enabled with payment gateway, he can start using it as a POS system, if it is got a retail outlet,” Mani had explained. Mani added that by getting customers on the Omni platform, JustDial…
JustDial made Rs 3.65 Cr from setting up JD Omni to sellers; net profit at Rs 35.3 Cr in Q4 FY16
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