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Q3 2021 Just Dial Ltd Earnings Call Hosted by Nomura Holdings Inc Transcript

Feb 01, 2021 / 12:30PM GMT
Release Date Price: €4.32 (+0.47%)
Operator

Ladies and gentlemen, good day, and welcome to the Just Dial Limited Q3 FY '21 Earnings Conference Call hosted by Nomura. (Operator Instructions) Please note that this call is being recorded. I now hand the conference over to Mr. Rishit Parikh. Thank you, and over to you, sir.

Rishit Parikh
Nomura Securities Co. Ltd., Research Division - Associate

Thank you, Raymond. On behalf of Nomura, I would now like to welcome you all to Just Dial's 3Q FY '21 earnings call. We have with us the founder, CEO and MD, Mr. VSS Mani; and the CFO of the company, Mr. Abhishek Bansal. Without further delay, I would hand over the call to the management. Over to you, guys.

Abhishek Bansal
Just Dial Limited - CFO & Whole-Time Director

(technical difficulty) Just Dial's earnings call for third quarter of fiscal '21. Operating revenue stood at INR 169.5 crores for the quarter, which declined 28% year-on-year and grew marginally 1.2% Q-o-Q. This Y-o-Y drop primarily reflects the catch-up of accrual revenue with lower collections, which

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