Justdial Q2 Profit Rises, Operating Revenue Up 27%

HomeStock MarketJustdial Q2 Profit Rises, Operating Revenue Up 27%

Published on

October 21, 2023

Net profit increased by 37.5% to INR 71.8 Cr compared to INR 52.2 Cr in the same period of the previous fiscal year.
Operating revenue showed strong growth, rising by 27% to INR 260.6 Cr from INR 205.3 Cr in the year-ago quarter.
Total active listings on the hyperlocal search engine increased by 18.6% year-on-year and 5.8% sequentially, reaching 40.2 million as of September 30, 2023.
However, it’s worth noting that Justdial’s net profit declined by almost 14% on a quarter-on-quarter basis, falling from INR 83.4 Cr in Q1 to INR 71.8 Cr in Q2 FY24.