Q2 results today: Just Dial among 6 companies to announce earnings on Friday

The second quarter results season is underway and about 6 companies will announce their quarterly numbers on Friday. Among these, investors can watch out for the earnings from Just Dial.

Apart from this, Plastiblends India, PVV Infra, Reliance Industrial Infrastructure, Sangam Finserv and Universal Arts will also declare the results later today.

The second quarter earnings season could be muted for corporate India with analysts estimating it might turn out to be the worst quarterly performance in four years.

Estimates done by Motilal Oswal shows that Nifty earnings may grow marginally by just 2% year-on-year in Q2, which would be the lowest in the last 17 quarters as margin tailwinds are likely to ebb due to a high base.

The 2% growth has sparked fears of downgrades as the H1 EPS growth for Nifty could turn out to be just 3% and FY25 to just 7% growth versus consensus expectations of 13% growth.

Just Dial Q1 expectations


Just Dial is likely to report 11% growth in its consolidated net revenues at Rs 29O crore for the second quarter, while profit is seen rising by a massive 75% year-on-year.

The revenue growth will be driven by paid campaigns growth of 7.4% YoY and 3.8% YoY growth in realizations. Kotak Equities expects 11k paid campaigns addition on a sequential basis.

“We model EBITDA margin of 41% (up 200 bps QoQ); we model Naukri EBITDA margin of 57% and marginally lower losses in other segments,” the brokerage said.

Meanwhile, Nuvama expects revenue to grow 2% quarter-on-quarter and 10% year-on-year.

“We expect EBITDA margins to improve from 28.7% in Q1FY25 to 29.3% in Q2FY25. Investors will closely watch management commentary on investment in new businesses as well as the trajectory of margins going ahead,” it said.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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