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.
See Also: Angel One Shares Soar After Strong Q4 Numbers
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.
See Also: When Will Tata Power Share Price Go Up?
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.