Tag: Ramkumar Krishnamachari


Abishek Bansal, looks after finances at Just Dial Ltd (photo from his LinkedIn page with thanks)

Revenue up, net profit down at JustDial in India

Bombay Stock Exchange-listed online business directory Just Dial Ltd. posted a 2-percent drop in net profit in Q1 of FY2017 (quarter to end of June, as per the Indian business calendar) from Q1 of FY2016. JustDial counts Sequoia Capital and SAIF Partners among its investors. The company posted a net profit of $5.9 million U.S. (Rs 38.2 crore) in Q1 from $6.1 million (Rs 38.9 crore)...

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JustDial in doldrums as profit drops, CFO quits

JustDial in doldrums as profit drops, CFO quits

In February this year, we reported (here) how rising staff costs were eating into the profits of India’s leading (and listed) online business directory JustDial. Now, more trouble brews: Chief financial officer Ramkumar Krishnamachari has resigned, according to an Economic Times report, leaving only CEO V. Mani at the helm of company affairs. Krishnamachari will leave on September 30.  Krishnamachari’s resignation is the latest in a series of...

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