wordpress blog stats
Connect with us

Hi, what are you looking for?

JustDial reports Rs 38.16 cr profit on revenues of Rs 190.04 crore in Q1-FY18

Online classifieds and e-commerce company JustDial reported net profit of Rs 38.16 crore for the quarter ended June 30 (Q1FY18), registering a dip of 2% from Rs 38.93 crore in Q1FY17.  On a sequential basis, net profit increased 50.53% from Rs 25.35 crore in the previous quarter. Operational revenues during the quarter stood at Rs 190.04 crore, representing increase of 7.8% from Rs 176.29 crore for the same quarter last year. Operating EBITDA Margin stood at 17.1%. Unearned Revenue stood at Rs. 290.4 Crores as on June 30, 2017, up 20.0% YoY and up 5.9% QoQ. On a like-for-like basis, revenue for search business was at Rs 190.2 Crores witnessing a growth of 11.7% YoY from Rs 170.2 in the same quarter last year. Sequentially, Search Revenue increased 4.7% QoQ at Rs 181.6 crore. Paid campaigns JustDial had conducted 435,980 paid campaigns for advertisers during the quarter, as compared to 389,400 campaigns for the same quarter last year. This is a growth of 12%. Divide the operating revenue by the number of campaigns, and it appears JustDial made Rs 4358 per paid campaign, down from Rs 4527 per paid campaign in the same quarter last year.  Campaigns are essentially paid featured listings/recommendations on JustDial’s search. Total listings on Justdial were 18.8 million, up 13.3% year on year, adding around 906,457 listings during the period. Of these listings, 7.8 million were with geocodes, up 28.3% year on year. Traffic & App downloads Unique Visitors for the quarter stood at 100.5 million, up 32.5% YoY and 15.9% QoQ. Of this, around…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ