Q3 2024 Just Dial Ltd Earnings Call Transcript

Jan 15, 2024 / 12:30PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Just Dial Limited Q3 FY24 earnings call. We are joined by Mr. V.S.S. Mani, MD and CEO; and Mr. Abhishek Bansal, CFO from the management team 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.

Abhishek Bansal Just Dial Limited-CFO

Thank you, moderator. Hi, everyone. Welcome to Just Dial's earnings call for third quarter of fiscal '24. Our operating revenue for the quarter stood at INR265 crores, witnessing a 19.7% year-on-year growth. This growth is primarily driven by healthier collections, which we have witnessed during the past quarters. Our last 12-month collections have grown by 25.7% year on year. As we have highlighted earlier that our cost control measures should result in margin expansion with each passing quarter and the same is playing out as well.

EBITDA stood at INR60.4 crores for the quarter, representing a margin of 22

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