Other Income (primarily MTM gains on treasury portfolio and interest income on tax-free bonds) stood at a normalised level of Rs 74.9 crore, up 5.1% YoY and up 29.2% QoQ.

Operating EBITDA stood at Rs 60.4 crore, with EBITDA margin of 22.8%. EBITDA margin witnessed 1,054 basis points YoY and 406 basis points QoQ expansion, led by topline growth and strong cost controls, both on employee costs and other expenses.

Profit before taxes in Q3 FY24 stood at Rs 120.9 crore, up 38% from Rs 87.6 crore posted in Q3 FY23.

Collections for Q3 FY24 added up to Rs 269.7 crore, up 10% YoY. Consequently, deferred revenue stood at Rs 472.7 crore, up 17.5% YoY.

Cash and Investments stood at Rs 4,405.3 crore as on 31 December 2023 compared to Rs 3,934.4 crore as on 31 December 2022 and Rs 4,282.2 crore as on 30 September 2023.

Total active listings stood at 41.6 million as on 31 December 2023, an increase of 18.8% YoY and 3.5% QoQ. Of this, 1,404,614 listings were added (net) to the database during the quarter. Out of total listings, 26.4 million listings were geocoded as on 31 December 2023, up 26.8% YoY. Total images in listings stood at 175.7 million, up 33.3% YoY and 6.4% QoQ.

Total ratings & reviews stood at 147 million at the end of quarter, up 5.1% YoY. Active Paid Campaigns at the end of quarter stood at 566,955 up 8.6% YoY and 1.1% QoQ.

"Focus continues on signing up majority of customers on monthly payment plans,” the company said in a statement.

Just Dial provides local search related services to users in India through multiple platforms such as website on desktop/ PC and mobile, mobile apps, over the telephone and text. The company has launched its B2B marketplace platform JD Mart, which is aimed at enabling millions of India’s manufacturers, distributors, wholesalers, retailers to become internet-ready in post-COVID era, get new customers and sell their products online.

The scrip fell 1.07% to end at Rs 871.65 on the BSE on Friday.