Government spending should pick up compared to first half, particularly on the capital expenditure side, and better crop prospects that also does bode well for agriculture production and rural demand, but in the overall scheme of things we do think that India is dealing with tight monetary policy, tight credit policy, tight credit conditions, and now tight liquidity conditions and you have the external environment looking a lot more hostile. So, we see downside risk to our forecast of 6.7%.
Just Dial Q3 results: PAT jumps 43% YoY to Rs 131 crore, revenue up 8%
Just Dial reported a 43% YoY rise in Q3FY25 net profit to ₹131.31 crore, with revenue up 8.4% to ₹287.33 crore. Sequentially, profit declined 15%.
January 10, 2025