Just Dial Ltd shares are in focus today after the company on January 10 reported a 42.7% YoY rise in its net profit in Q3 FY 2025. The shares are currently trading at Rs 954.90, down by 7.75 percent, as of 10:00 am, on January 13.
In its exchange filing released in the post-trading hours of January 10, Just Dial reported a net profit of Rs 131.3 crore in Q3 FY25, marking an increase of 42.7 percent year-over-year. This however marks a fall of nearly 15% from the Rs 154 crore net profit that the company reported in the previous quarter (Q2).
The revenue was up by 8.4 percent YoY, to Rs 287.3 crore. Just Dial had posted a net profit of Rs 92 crore in the corresponding quarter of the previous fiscal year.
The company's EBITDA jumped to Rs 86.6 crore in Q3 FY 25, marking a 43% rise from Rs 60.2 crore EBITDA reported in Q3 FY24. The EBITDA margin stood at 30.1 percent in the reporting quarter versus 22.8 percent in the corresponding period in FY 24.
The company also recorded a 3.4 percent YoY rise in other income to Rs 77.4 crores. This however marked a decline of 31.9 percent from then other income reported in the previous quarter (Q2 FY 25). This was because of higher mark-to-market gains on the treasury portfolio in the preceding quarter.
Profit before tax in Q3 stood at Rs 149.2 crore, an increase of 23.3 percent YoY. The effective tax rate for the first nine months of FY25 was 12 percent, also lower than what was reported in the previous fiscal. This was primarily because of the reversal of deferred tax on treasury movements. Herein, the company's deferred revenue grew by 7.3 percent YoY, landing at Rs 507.2 crores.
In the exchange filing, Shwetank Dixit, Chief Growth Officer, Justdial, spoke on the company's vision: "Our focus remains on driving top-line growth while maintaining operational efficiency, as reflected in our Q3 results. By enhancing our offerings for users and providing businesses with easy-to-use, advanced tools, we are creating sustainable growth for all stakeholders."
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