Just Dial : Q1 2024 Financial Quarterly Report : YoY Sales Up 13.6 %, QoQ Up 3.81 %

The comprehensive analytics outlining the performance and outlook of Just Dial Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Just Dial Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 13.6 %. However, it did see a marginal increase of 3.81 % from the previous quarter. Expenses ticked up slightly by 0.15 % quarter-on-quarter, aligning with the annual decline of -4.93 %. Operating profit, while up 119.79 % compared to last year, faced a quarter-on-quarter increase of 14.16 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 13.88 %, but an expansion of 2.6 % sequentially. Other income fell by -4.84 % compared to the last quarter, despite an annual growth of 6.72 %. Interest expenses dropped significantly by -31.29 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.55 %. Depreciation costs fell by -0.76 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.63 %. Profit before tax grew annually by 45.03 % but saw an increase from the preceding quarter by 4.44 %.
Tax expenses as a percentage of profits decreased slightly by -13.17 % compared to last year, with a more notable quarter-on-quarter decrease of -13.28 %. Net profit rose by 69.33 % year-on-year but experienced a 22.11 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 69.39 % but a quarterly rise of 22.06 %. In summary, Just Dial Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Just Dial Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.6 % year-on-year growth, however, there was a minor increase of 3.81 % from the previous quarter. Expenses decreased by -4.93 % compared to the previous year, with a 0.15 % increase quarter-on-quarter. Operating Profit surged by 119.79 % annually, and saw a 14.16 % increase from the last quarter.
Net Profit showed yearly increase of 69.33 %, and experienced a 22.11 % increase from the previous quarter. Earnings Per Share (EPS) rose by 69.39 % annually, however rose by 22.06 % compared to the last quarter. In essence, while Just Dial Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.