Operating Revenue jumped 26.97% to Rs 260.61 crore in Q2 FY24 as compared with Rs 205.36 crore in Q2 FY23.
Operating EBITDA stood at Rs 48.8 crore, registering the growth of 186.3% as compared with Rs 17 crore. Adjusted EBITDA Margin (excluding ESOP expenses) stood at 18.6% (vs. 9.5% in Q2 FY23). EBITDA margin stood at 18.7% in Q2 FY24 as against 8.3% in Q2 FY23.
Collections stood at Rs 278.4 crore in Q1 FY24, up 20.8% YoY. Deferred Revenue stood at Rs 468 crore, up 3.9% QoQ and 23.6% YoY.
Cash and Investments stood at Rs 4282.2 crore as on 30 September, 2023 compared to Rs 3,818.9 crore as on 30 September, 2022.
Total Traffic (Unique Visitors) for the quarter stood at 171.7 million, up 9.7% YoY and 0.1% QoQ. 86.1% traffic originated on Mobile platforms, 10.5% on Desktop/ PC and 3.4% on our Voice platform. Traffic growth, majorly driven by free/ organic traffic growth, is encouraging. Mobile traffic grew 11.9% YoY.
Total Active Listings stood at 40.2 million as on September 30, 2023, an increase of 18.6% YoY and 5.8% QoQ. 2,192,436 listings were added (net) to the database during the quarter. Out of total listings, 25.3 million listings were geocoded as on September 30, 2023, up 25.7% YoY. Total Images in listings stood at 165.2 million, up 30.5% YoY and up 10.0% QoQ.
Total Ratings & Reviews stood at 145.8 million at the end of quarter, up 6.3% YoY.
Active Paid Campaigns at the end of quarter stood at 560,830 up 11.3% YoY and 2.3% 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 scrip declined 0.86% to settle at Rs 753.20 on Friday, 20 October 2023.
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