550.15
-4.88%

Margin improvement beats estimates again; management thinks there is more to come….

ICICI Securities Limited
Just Dial grew revenues in-line. 340bps QoQ EBITDA margin expansion was ahead of expectations. This was achieved by cutting employee expenses as bottom 10-15% of employees were churned out.
Just Dial Ltd. is trading at high day volume of 1.1M.
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