Just Dial Ltd (BOM:535648)
₹ 1021.95 -11 (-1.06%) Market Cap: 86.91 Bil Enterprise Value: 41.51 Bil PE Ratio: 23.96 PB Ratio: 2.16 GF Score: 86/100

Q2 2024 Just Dial Ltd Earnings Call Transcript

Oct 23, 2023 / 12:30PM GMT
Release Date Price: ₹727.95 (-3.35%)
Operator

Ladies and gentlemen, good day, and welcome to the Just Dial Limited Q2 FY '24 Earnings Call. We have with us today Mr. VSS Mani, MD and CEO; and Mr. Abhishek Bansal, CFO of Just Dial Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Abhishek Bansal, CFO, of Just Dial Limited. Thank you, and over to you, sir.

Abhishek Bansal
Just Dial Limited - CFO

Thank you. Hi, everyone. Welcome to Just Dial's Earnings Call for Second Quarter of Fiscal '24. Our operating revenue for the quarter stood at INR 260.6 crores, witnessing 27% year-on-year growth and 5.5% on a sequential basis. This growth is primarily driven by healthier collections, which we have witnessed during the past quarters.

Our last 12-month collections have grown about 38% year-on-year. EBITDA for the quarter stood at INR 48.8 crores, representing a margin of 18.7%, which is an improvement of 10.4 percentage points on a year-on-year basis and 387 basis points on a sequential basis. In absolute terms, EBITDA had a

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