Just Dial Shares Continue Bull Run As Q4 Earnings Provide Latest Boost

Just Dial‘s share price continued its eight-session gaining streak on Tuesday as the company reported its earnings for the March quarter.

What Happened: The online services aggregator platform late on Monday reported its earnings for the quarter ended March. Revenue for the quarter stood at ₹232.5% crore, up 39.5% year-over-year and 5.0% sequentially. Net profits for the period in review stood at ₹83.8 crore, a multifold increase from the ₹22.1 crore it booked in the corresponding quarter.

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The company also reported a healthy jump in Total Traffic (Unique Visitors) for the quarter at 159.3 million, up 10.0% YoY and 1.6% QoQ. “86.1% traffic originated on Mobile platforms, 10.4% on Desktop/ PC and 3.4% on our Voice platform,” the Reliance Group company said in a statement. Reliance Retail had acquired the company back in 2021.

Price Action: Just Dial share price was 5.36% to trade at ₹684.50 shortly after the markets opened on Tuesday.

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Posted In: EarningsMoversTrading IdeasJust DialReliance Retail