Q1 2024 Just Dial Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Just Dial Limited Q1 FY '24 Earnings Call. (Operator Instructions) Please note that this conference is being recorded.
We have with us today, Mr. VSS Mani, MD and CEO; and Mr. Abhishek Bansal, CFO from Just Dial.
I now hand the conference over to Mr. Abhishek Bansal, CFO. Thank you, and over to you, sir.
Hi, everyone. Welcome to Just Dial's earnings call for first quarter of fiscal '24. Our operating revenue for the quarter stood at INR 247 crores, witnessing 33.1% growth on a year-on-year basis and 6.2% sequentially. This growth is primarily driven by healthier collections witnessed during FY '23. Last year, full year collections grew about 44.3% year-on-year and second half collections had grown about 56% year-on-year. Our adjusted EBITDA for the quarter stood at INR 36.3 crores for the -- representing a margin of 14.7%.
Our employee expenses have increased 22.6% on Y-o-Y basis, led by about 9% increase in headcount, revenue-linked
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
