By Admin 
Just dial share: Local search engine Just Dial Limited shares are trading with a gain of 13 percent on Monday. The price of its share on BSE reached Rs 1039.85. The reason for this great boom is to perform the company better in the March quarter of the financial year 2024-25. It was also the top gainer on the Nifty 500 index.
Due to this, the company’s shares rise up
Today, the biggest reason behind this surge in Just Dial’s shares in the stock market is an increase of 11.3 percent year after year, which increased by 3.4 percent in the December quarter and only 7.9 percent in the September quarter.
The second reason is that in the March quarter, the company has more than 5,200 crore cash, which is about 60 percent of its market value. With this, investors are convinced that there is no possibility of much fall in the company’s stock. There has also been a tremendous improvement in its margin. In the financial year 2024, its entire year operating margin has increased to 29.4 percent with a gain of 20.8 percent or 860 basis points. That is, earning has been more than expenses.
This is so much that the company’s net profit in March quarter
However, the company’s revenue growth was only 0.7 percent in the March quarter, while the margin has increased from 20.1 percent of the previous year to 29.7 percent. The company’s net profit was Rs 157.6 crore in the January-March quarter. While revenue from operations increased 0.7 percent to Rs 289 crore.
In the third quarter, Bond Yield declined and high Treasury was 08.7 crores, which is 19.0 percent and quarterly-by-quarter more than the previous year. At the same time, the number of quarterly unique visitors on the platform of Just Doyle was 19.13 crore, which is 11.8 % more on a annual basis.
The market cap of Just Dial has increased to Rs 8700 crore.
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