Branch² Intelligence
Just Dial Q1 Results | Revenue growth lifts earnings, but margins decline
Key takeaway
Just Dial Q1 net profit up 4.12% YoY on revenue growth, but operating margins declined.
- Step 1Just Dial Q1 net profit up 4.12% YoY but operating margins decline.
- Step 2Margin pressure may prompt management to raise listing/advertising fees for SMEs.
- Step 3Higher costs for SME advertisers could reduce their digital marketing spend or shift to competitors.
Source: CNBC TV18 (Markets)
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