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Just Dial shares jump 14% on June-quarter results and management reshuffle

AI Market Summary
Just Dial shares surged 14% after June-quarter results showed the strongest year-on-year revenue growth in eight quarters, sharply higher sequential profit, and a cash balance exceeding its market capitalization. Margin compression from higher costs tempered the quality of earnings, while CEO/CFO transitions added an additional catalyst for repricing. The development is largely single-name equity specific with limited cross-asset read-through.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-1.24%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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Just Dial shares surged 14% after the company reported its June-quarter results and announced senior management changes. Revenue rose 9.9% year on year to ₹327.5 crore, while EBITDA margin narrowed to 26.7% and profit after tax climbed to ₹166.3 crore, doubling from the prior quarter. The company ended the quarter with cash on the books of ₹6,022 crore, exceeding its market capitalisation of ₹5,400 crore.