Internet and catalogue retail company Just Dial announced Q2FY23 results: Traffic (Quarterly Unique Visitors) in 2QFY23 stood at 156.5 million users 2QFY23 Revenue stood at Rs 205.3 Crores, up 10.6% QoQ and 31.6% YoY Active Paid Campaigns stood at 503,840 (up 17% YoY), addition of 20,150 campaigns QoQ Net Profit for 2QFY23 stood at Rs 52.2 Crores, up 58.6% YoY Cash and Investments stood at Rs 3,818.9 Crores as on September 30, 2022 Result PDF
Conference Call with Just Dial Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript.
Internet & Catalogue Retail firm Just Dial Announced Q1FY23 Result : Traffic (Quarterly Unique Visitors) in 1Q-FY23 stood at 147.9 million users 1Q-FY23 Revenue stood at Rs 185.6 Crores, up 11.4% QoQ, up 12.2% YoY Active Paid Campaigns stood at 483,690 (up 4.8% QoQ), addition of 22,195 campaigns QoQ Sales team hiring ramped up further, sales strength up 4.2% QoQ & 52.9% YoY Net loss for 1Q-FY23 stood at Rs 48.3 Crores, mainly due to MTM loss on treasury portfolio due to increase in bond yields Cash and Investments stood at Rs 3,739.6 Crores as on June 30, 2022 Operating Revenue & EBITDA: Operating Revenue stood at Rs 185.6 Crores, up 12.2% YoY & 11.4% QoQ. Adjusted Operating EBITDA, excluding ESOP expenses, stood at Rs 11 Crores. Company has ramped up hiring across critical functions such as technology, content, sales and marketing teams which has resulted in higher employee expenses. In sales department, headcount was up 4.2% QoQ. These investments should result in superior product offerings and higher monetization going forward. Net loss stood at Rs 48.3 Crores. This was driven by other income which stood at Rs -60 Crores for the quarter due to mark-to-market (MTM) losses on treasury portfolio owing to significant increase in bond yields (135-150 bps QoQ for 2-3 year AAA bonds) during the quarter. Deferred Revenue stood at Rs 353.4 Crores, up 4.5% QoQ and 15% YoY. Sequential growth in deferred revenue (led by 12.2% QoQ growth in Collections to Rs 200.9 Crores) despite focus on monthly payment plans is encouraging. Cash and Investments stood at Rs 3,739.6 Crores as on Jun 30, 2022 compared to Rs 1,533 Crores as on June 30, 2021 and Rs 3,820.1 Crores as on March 31, 2022. Result PDF
Conference Call with Just Dial Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: VSS Mani and Senior Management team
Internet & Catalogue Retail company Just Dial declares Q4FY22 result: Traffic (Quarterly Unique Visitors) in 4Q-FY22 stood at 144.8 million users 4Q-FY22 Revenue stood at Rs 166.7 Crores, Net Profit for 4Q-FY22 stood at Rs 22.1 Crores Active Paid Campaigns stood at 461,495 (up 5.5% QoQ), addition of 24,160 campaigns QoQ led by aggressive focus on monthly payment plans Sales team hiring ramped up, sales strength up 26% QoQ & 22.6% YoY Cash and Investments stood at Rs 3,820.1 Crores as on March 31, 2022 Financial Highlights for Fiscal 2022 Fourth Quarter (4Q-FY22): Operating Revenue & EBITDA: Operating Revenue stood at Rs 166.7 Crores, down 5.1% YoY & up 4.9% QoQ. Adjusted Operating EBITDA, excluding ESOP expenses, stood at Rs -0.8 Crores. Company has ramped up hiring across critical functions such as technology, content, sales and marketing teams which has resulted in higher employee expenses. In sales department, headcount was up 26% QoQ. These investments should result in superior product offerings and higher monetization going forward. Net Profit stood at Rs 22.1 Crores, down 34.0% YoY. Other income stood at Rs 35.2 Crores for the quarter. Deferred Revenue stood at Rs 338.1 Crores, up 3.8% QoQ and 2.4% YoY. Sequential growth in deferred revenue despite focus on monthly payment plans is encouraging. Cash and Investments stood at Rs 3,820.1 Crores as on December 31, 2021 compared to Rs 1,572.1 Crores as on March 31, 2021 and Rs 3,769 Crores as on December 31, 2021. Business Highlights for Fiscal 2022 Fourth Quarter (4Q-FY22): Total Traffic (Unique Visitors) for the quarter stood at 144.8 million, up 12.2% YoY and 1.5% QoQ. 83.8% traffic originated on Mobile platforms, 12.1% on Desktop/ PC and 4% on our Voice platform. Total Active Listings stood at 31.9 million as on March 31, 2022, an increase of 4.9% YoY and 1.7% QoQ. 524,816 listings were added (net) to the database during the quarter. Out of total listings, 18.5 million listings were geocoded as on March 31, 2022, up 6.8% YoY. Total Images in listings stood at 117.7 million, up 13.7% YoY and up 3.8% QoQ. Total Ratings & Reviews stood at 129.4 million at the end of quarter, up 9.8% YoY. Active Paid Campaigns at the end of quarter stood at 461,495, up 0.9% YoY and 5.5% QoQ. Robust paid campaigns addition of 24,160 for the quarter was led by aggressive focus on selling monthly payment plans. Result PDF
Conference Call with Just Dial Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.