New Delhi, April 21 -- Shares of Just Dial, India's leading local search engine company, popped up 9% in Monday's early morning trade, April 21, to reach a 2-month high of Rs.1000 apiece after investors reacted positively to the company's fourth-quarter performance.

The company on Saturday reported a net profit of Rs.158 crore, a 36.2% YoY jump as compared to a net profit of Rs.116 crore, while the revenue from operations improved by 07% YoY to Rs.289 crore.

Other income stood at Rs.108.7 crore, up 19.0% YoY and 40.4% QoQ, due to the decline in bond yields during the quarter and higher treasury. During the reporting quarter, total traffic (unique visitors) stood at 191.3 million, up 11.8% YoY and 0.1% QoQ. 86.9% of traffic originated on...