Net Sales are expected to increase by 5.5 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs. 211.4 crore, according to Edelweiss.
Net Sales are expected to increase by 1 percent Q-o-Q (up 9.4 percent Y-o-Y) to Rs. 198.8 crore, according to Edelweiss.
Just Dial's margins improved in Q3 as other expenses decreased but revenue growth was muted on a sequential basis. In an interview with CNBC-TV18 Abhishek Bansal, CFO of Just Dial shared more details on company’s earnings.
Net Sales are expected to increase by 8.8 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 196.2 crore, according to Kotak.
Just Dial is a stock in focus on the back of the company announcing its numbers as well as they announced a buyback. In an interview to CNBC-TV18, VSS Mani, MD & CEO of the company spoke about the same.
Key factor to watch out for would be share buyback announcement. If the company announces 10 percent buyback then the company will have to shell out Rs 90.5 crore and Rs 226 crore for 25 percent buyback.
Net Sales are expected to increase by 5.8 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 192.2 crore, according to Edelweiss. Just Dial to report net profit at 27.7 crore up 9.1% quarter-on-quarter.
Our immediate objective is to get back to double-digit revenue growth, said Ramkumar Krishnamachari, CFO, Just Dial.
Speaking to CNBC-TV18, Ramkumar Krishnamachari, Chief Financial Officer of Justdial, said the impact of demonetisation had turned out to be neutral as the local search service had witnessed better payouts from existing clients.
India's local search engine Just Dial is expected to report dismal performance in third quarter earnings due to demonetisation. Profit is seen falling 5.2 percent year-on-year to Rs 25.5 crore on weak operational performance, though other income may support.
July-September quarter saw reversal in the trend, says Ramkumar Krishnamachari, CFO of Just Dial.
India's local search engine Just Dial is expected to report a 30 percent degrowth in second quarter profit at Rs 32.5 crore on weak operational performance quarter-on-quarter, according to analysts polled by CNBC-TV18.
Net Sales are expected to increase by 6 percent Q-o-Q (up 9.1 percent Y-o-Y) to Rs 186.9 crore, according to Kotak Securities.
CFO Ramkumar Krishnamachari says Just Dial has taken corrective measures and it should start yielding results leading to double-digit revenue run rate starting from the third or fourth quarter this fiscal.
Morgan Stanley, in its reports on Just Dial earnings, says while the company‘s reported headline numbers were ahead, the adjusted EBITDA missed expectations "Adjusted EBITDA margins (excluding ESOP and one-time expense) declined quarter on quarter and were also lower than our estimate," it said.
Just Dial's margin may be under pressure in the near-term due to investments and a one-time ad spend, which will start in June. It will be spread over the coming quarters, says Ramkumar Krishnamachari, CFO of the company.
Revenue is seen rising 12.6 percent to Rs 176 crore compared to year-ago period. Operating profit may climb 28.5 percent to Rs 54.5 crore and margin may expand 140 basis points to 28.5 percent in Q4.
Net profit fell 16 percent to Rs 26.99 crore year-on-year (YoY) and EBITDA margins dipped 5.15 percentage points to 26.99 percent (YoY).
Ramkumar Krishnamachari, CFO of Just Dial, believes slow addition to sales force and geographical expansion impacted revenue this quarter.
Operating profit (earnings before interest, tax, depreciation and amortisation) may decline 8.2 percent year-on-year to Rs 46 crore and margin may shrink 706 basis points to 25.34 percent in quarter gone by but margin may expand on sequential basis.
Ramkumar Krishnamachari, CFO, Just Dial says salary hikes and and new hires on the sales side has impacted Q2 numbers
Profit is seen rising 22.2 percent year-on-year to Rs 38.5 crore and revenue may increase 24.5 percent to Rs 183.5 crore, according to analysts polled by CNBC-TV18.
Ramkumar Krishnamachari, CFO, Just Dial says the company continues to stay most popular search player as there is no competition for local search since it has disrupted the yellow pages business.
The company's net profit rose 18 percent to Rs 33.17 crore on 21.42 percent rise in total income to Rs 175.74 crore in Q1 June 2015 over Q1 June 2014.
Profit is seen going up to Rs 35 crore from Rs 28.1 crore and revenue is likely to increase to Rs 167.5 crore from Rs 135.03 crore during the same period.