Shares of Just Dial surged over 10% in trade today on the back of strong Q4 earnings. Just Dial shares today hit a fresh 52-week high of Rs 1,010 on the NSE. As of 11:45 AM, Just Dial share price was at Rs 984.70, up 10.5% on the NSE.
The company reported a substantial 16.3% year-on-year (YoY) increase in revenue for the fourth quarter, soaring to Rs 270.3 crore compared to Rs 232.5 crore in the same period last year.
One of the key highlights of Just Dial’s Q4FY24 earnings was the significant improvement in its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). The company’s EBITDA surged to Rs 70.6 crore, marking a remarkable leap from Rs 33.4 crore in the fourth quarter of the previous fiscal year. Moreover, the EBITDA margin witnessed a substantial increase, reaching 26.12% compared to 14.4% in the same period last year.
Just Dial also reported a notable uptick in its Profit After Tax (PAT), which climbed by an impressive 38% to Rs 115.6 crore from Rs 83.8 crore in the fourth quarter of the previous fiscal year.
