Saturday, January 11, 2025
Saturday, January 11, 2025
Home BuisnessMarket Insight Just Dial Q3 Results: PAT up 43% YoY to Rs. 131 crore, revenue up 8%

Just Dial Q3 Results: PAT up 43% YoY to Rs. 131 crore, revenue up 8%

by PratapDarpan
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Just Dial on Friday reported Rs. 131.31 crore as against the net profit recorded in the previous year period of Rs. 92 crores was 43% more. The Reliance Retail Ventures promoted company in Q3FY25 posted Rs. 287.33 crore in net income, up from Rs. 265 crore is 8.4% more than Rs.

Earnings for the October-December quarter were announced after market hours and shares of Just Dial traded at Rs. 1034.60, compared to Thursday’s closing price of Rs. 40.35 or 3.75% were lower.

Just Dial QoQ performance

Profit after tax in the reported quarter fell by 15% on a quarter-on-quarter basis against Rs 154 crore reported by the company in Q2FY25. Net income from operations was marginally higher sequentially, rising 0.88% against 285 crore in the July-September quarter.

Total income of which Rs. 77 crore which includes other income in Q3FY25 at Rs. 365 crore in Q2FY25 against Rs. 398.44 crore in Q3FY24 and Rs. 340 crores.

Also Read: Avenue Supermarts Q3 Preview: Revenue to grow 18% on store additions PAT may increase by 14-17%

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    Q3 spending of Just Dial

    In Q3FY25, Just Dial reported Rs. 215.57 crore in Q2FY25 as against Rs. 216.88 crore in Q3FY25 and Rs. was more than 218.97 crores. Expenses were reported under the heads including employee benefits expenses, finance expenses, depreciation and amortization expenses and other expenses.

    Just dial 9MFY25 Performance

    For the period ended nine months, PAT stood at Rs. 247.20 crore to Rs. 426.60 crore which was a growth of 73% year-on-year. Net income for nine months Rs. 852.73 crore was recorded which in the previous year period was Rs. 772.64 crores. This translates to 10.4% growth.

    Just take dial management

    Commenting on the results, Shwetank Dixit, Chief Growth Officer, JustDial said, “Our focus remains on driving top-line growth while maintaining efficiency, which is reflected in our Q3 results. By increasing our opportunities for users and providing businesses with easy-to-use, advanced tools, we are creating sustainable growth for all stakeholders. The growth stories of small and medium businesses through Justdial continue to inspire us to push boundaries and open opportunities for MSMEs.”

    Also Read: Metal sector Q3FY25 earnings to be mixed bag Vedanta, Coal India among 8 top brokerage buys

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