Just Dial rings a 'green' tune

Just Dial is among the top five gainers on the BSE; the stock price rose 8.5% to Rs.441.80. Its 10% UC for the day is at Rs.448.

The stock has reacted positively to its Q4FY18 performance. Total Operating Revenue stood at Rs.200 crore, witnessing a growth of 10% YoY and 2% QoQ.

Its EBITDA rose 42% (YoY) and fell 2% (QoQ) at Rs.46 crore while margins showed a 464 bps jump (YoY) at 24.4% but QoQ, it was a fall of 143 bps. Net profit for the quarter came in at Rs.39 crore, up 54% (YoY) and up 36% (QoQ).

Cash and Investments stood at Rs.1,201 crore as on March 31, 2018 compared to Rs.1,017 crore as on March 31, 2017 and Rs.1,085 crore as on December 31, 2017.

Traffic (Unique Visitors) for the quarter stood at 111.6 million, up 28.6% YoY and 3.7% QoQ. 70.8% traffic originated on mobile platforms, 21.5% on desktop/ PC and 7.7% on its Voice platform.