Explore Business Standard
Telecom Operators Revenue
Local search engine Just Dial has reported a 61 per cent year-on-year increase in net profit in FY25 to Rs 584.2 crore. For the January-March quarter of FY25, Just Dial logged a profit of Rs 157.6 crore. Revenue for FY25 was Rs 1,141.9 crore, reflecting a 9.5 per cent growth over FY24. Revenue in Q4 came in at Rs 289.2 crore, a 7 per cent uptick over the corresponding period of the last fiscal year. In Q4 specifically, growth was driven by well-strategised merchant acquisition initiatives that enabled deeper penetration in both urban and semi-urban markets, a company statement said. Quarterly unique visitors on the platform reached 191.3 million in Q4, an 11.8 per cent year-on-year growth, while total business listings stood at 48.8 million at the end of FY25. "FY25 has been a landmark year for Justdial -- not just in terms of financial performance, but also in how we have transformed local business engagement. "With Generative AI integration, enriched listings, and a sharpened
After two quarters of pain, revenues of telecom operators are expected to stabilise in the June quarter, estimate brokerages. While revenue growth will still be elusive, the earlier sharp cuts in realisations is expected to reduce, with companies reporting flat to marginal drops in revenue. While this is nothing to write home about, it would be much better than the prior two quarters of a six to seven per cent revenue decline each on a sequential basis. Rohit Chordia of Kotak Institutional Equities believes disrupter Reliance Jio's offers having moved from 'free' to 'deep discount' presents incumbents with a chance to put up a better fight and stem the massive revenue erosion seen in the second half of 2016-17. He says the incumbents seem to have fought well, with competitive offerings. And, this is likely to mean better sequential revenue change, compared to the December and March quarters. While Chordia expects revenues to fall 1.4-1.7 per cent in the June quarter, Vivekanand ...