For the quarter ended June 30, 2025, Just Dial Ltd recorded a net profit of ₹159.6–160 crore, up 13% year-on-year from ₹141 crore in Q1 FY25. Revenue grew 6.2% to ₹297.8–298 crore, supported by AI-driven improvements and advertising investments
📈 4 Key Takeaways from Q1
1️⃣ AI-powered efficiency
Just Dial’s growth is driven by AI tools that better identify user intent and qualify enquiries, which have enhanced conversion rates and helped optimise sales lead quality
2️⃣ Margin improvement
EBITDA rose 7.2% to ₹86.4 crore, boosting margins to around 29%, up slightly from 28.7% a year ago
3️⃣ Strong user and listing growth
Monthly unique visitors hit 193 million (+6.6% YoY), with mobile traffic forming 86.9% of total visits. Active listings rose 10.6% YoY to 49.7 million, supported by nearly 938,000 new listings in the quarter
4️⃣ Market reacts cautiously
Despite positive earnings, Just Dial’s share price declined ~1.9–2.3% to around ₹920–923, reflecting investor hesitation amid modest revenue growth amid A&P spend concerns
🔭 What to Watch Ahead
- Ad spend control: How future advertising investments impact lead quality and margins.
- AI enhancements: Expanded AI capabilities could further improve enquiry-to-conversion ratios.
- Cash utilization: With ₹5,430 crore in cash, analysts anticipate clarity on dividend or buyback plans mint.
- Growth outlook: Monitoring sequential trends in campaign traction and collection growth will be critical, especially after a slow Q1 collection growth (<1% YoY) .
✅ Bottom Line
Just Dial delivered a 13% YoY jump in net profit to ₹160 crore in Q1 FY26, driven by modest revenue growth, margin expansion, and AI-enhanced performance. However, investor caution reflects concerns around slower lead growth and elevated ad spending. Performance in coming quarters—especially around AI ROI and cash returns—will be crucial.
