Just Dial freezes at 10% upper circuit as profit soars 3x in December qtr

In Q3FY23, Just Dial's Ebitda margin improved by 400 bps QoQ aided by growth in revenue to 12.3 per cent with an Ebitda of Rs 27.3 crore while adjusted Ebitda excluding ESOP was Rs 29.4 crore.

Shares of Just Dial were locked in the 10-per cent upper circuit at Rs 643.65 on the BSE on Monday after the company reported a strong growth in December quarter (Q3FY23) earnings, posting a 7.8 per cent sequential and 39.3 per cent year-on-year (YoY) growth in revenues at Rs 221.4 crore.

A combined 1.9 million shares had chaned hands till the time of writing of this report, and there were pending buy orders for around 190,000 shares on the NSE and BSE. In comparison, the S&P BSE Sensex was down 0.18 per cent at 60,150.

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