Jul 17, 2023 / 12:30PM GMT
Operator
Ladies and gentlemen, good day, and welcome to the Just Dial Limited Q1 FY '24 Earnings Call. (Operator Instructions) Please note that this conference is being recorded.
We have with us today, Mr. VSS Mani, MD and CEO; and Mr. Abhishek Bansal, CFO from Just Dial.
I now hand the conference over to Mr. Abhishek Bansal, CFO. Thank you, and over to you, sir.
Abhishek Bansal - Just Dial Limited - CFO
Hi, everyone. Welcome to Just Dial's earnings call for first quarter of fiscal '24. Our operating revenue for the quarter stood at INR 247 crores, witnessing 33.1% growth on a year-on-year basis and 6.2% sequentially. This growth is primarily driven by healthier collections witnessed during FY '23. Last year, full year collections grew about 44.3% year-on-year and second half collections had grown about 56% year-on-year. Our adjusted EBITDA for the quarter stood at INR 36.3 crores for the -- representing a margin of 14.7%.
Our employee expenses have increased 22.6% on Y-o-Y basis, led by about 9% increase in headcount, revenue-linked
Q1 2024 Just Dial Ltd Earnings Call Transcript
Mar 20, 2024
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