Net sales jumped 33.1% to Rs 246.98 crore in Q1 FY24 as compared with Rs 185.60 crore in Q1 FY23.
Operating EBITDA stood at Rs 36.7 crore, registering the growth of 336.9% as compared with Rs 8.4 crore. Adjusted EBITDA Margin (excluding ESOP expenses) stood at 14.7% (vs. 5.9% in 1Q FY23). EBITDA margin stood at 14.9% in Q1 FY24 as against 4.5% in Q1 FY23.
Collections stood at Rs 259.1 crore in Q1 FY24, up 28.9% YoY. Deferred Revenue stood at Rs 450.3 crore, up 2.8% QoQ and 27.4% YoY.
Cash and Investments stood at Rs 4,159.2 crore as on June 30, 2023 compared to Rs 3,739.6 crore as on June 30, 2022.
Total Traffic (Unique Visitors) for the quarter stood at 171.4 million, up 15.9% YoY and 7.6% QoQ. 85.5% traffic originated on Mobile platforms, 10.9% on Desktop/ PC and 3.7% on our Voice platform. Traffic growth, majorly driven by free/ organic traffic growth, is encouraging. Mobile traffic grew 17.5% YoY.
Total Active Listings stood at 38.0 million as on June 30, 2023, an increase of 15.8% YoY and 4.1% QoQ. 1,510,972 listings were added (net) to the database during the quarter. Out of total listings, 23.5 million listings were geocoded as on June 30, 2023, up 20.4% YoY. Total Images in listings stood at 150.2 million, up 22.7% YoY and up 7.9% QoQ.
Total Ratings & Reviews stood at 144.6 million at the end of quarter, up 8.3% YoY.
Active Paid Campaigns at the end of quarter stood at 548,270 up 13.4% YoY and 1.9% QoQ. Focus continues on signing up majority of customers on monthly payment plans.
Just Dial provides local search related services to users in India through multiple platforms such as Desktop/ PC website, mobile site, mobile apps (Android & iOS), over the telephone and text (SMS).
The shares of Just Dial rallied 7.48% to settle at Rs 831.65 and also hit 52 week high at Rs 850 on Friday, 14 July 2023.
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