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Just Dial Q3 Review - Business Performance Remained Muted: Yes Securities

Just Dial Q3 Review - Business Performance Remained Muted: Yes Securities

Just Dial Ltd. office in Bengaluru (Photographer: Nishant Sharma/BloombergQuint)
Just Dial Ltd. office in Bengaluru (Photographer: Nishant Sharma/BloombergQuint)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Yes Securities Report

Overall, Just Dial Ltd.'s performance was below expectation both in terms of financial and operating metrics as the business-to-consumer segment continues to face high competition from Google, Facebook and other vertical and horizontal players.

The gradual improvement in the financial situation of small and medium enterprises after the second Covid-19 wave should drive addition in the number of paid campaigns.

Just Dial's business-to-business segment is being scaled up and will take some before it supports financial performance meaningfully.

Click on the attachment to read the full report:

Yes Securities Just Dial Q3FY22 Result Update.pdf

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