Business Standard

Just Dial rises after decent Q3 numbers

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Capital Market

Just Dial gained 1.10% to Rs 586 after consolidated net profit rose 8.2% to Rs 62.03 crore on 3.8% increase in net sales to Rs 235.42 crore in Q3 December 2019 over Q3 December 2018.

Consolidated profit before tax (PBT) witnessed a 3.3% fall to Rs 78.06 crore in Q3 December 2019 as against Rs 80.69 crore in Q3 December 2018. Tax expense fell 18.5% to Rs 14.27 crore in Q3 December 2019 over Q3 December 2018. The Q3 earnings was announced after market hours yesterday, 20 January 2020.

Operating EBITDA at Rs 67.1 crore witnessed growth of 21.5% year-on-year (YoY). Adjusted operating EBITDA margin, excluding ESOP expenses, stood at 30.3%, up 355 bps YoY.

 

Cash and Investments stood at Rs 1,535.70 crore as on 31 December 2019 compared to Rs 1,441.10 crore as on 31 December 2018 and Rs 1,468 crore as on 30 September 2019.

Total traffic (unique visitors) for the quarter stood at 157 million, up 17% YoY. 81.4% traffic originated on mobile platforms, 13.7% on desktop/PC and 4.8% on voice platform.

Total active listings stood at 28.6 million as on 31 December 2019, an increase of 15.3% YoY and 3.6% quarter-on-quarter (QoQ). 991,552 listings were added (net) to the database during the quarter. Out of total listings, 15.9 million listings were geo-coded as on 31 December 2019, up 18.7% YoY. Total Images in listings stood at 78.4 million, up 41.8% YoYand up 6.9% QoQ.

Total ratings & reviews stood at 105.9 million at the end of quarter, up 16% YoY. Active paid campaigns at the end of quarter stood at 534,960, up 10.2% YoY.

Just Dial provides local search related services to users in India through multiple platforms such as Desktop/PC website, mobile site, mobile apps, over the telephone and text.

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First Published: Jan 21 2020 | 10:48 AM IST

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