Just Dial Limited reported a net profit of ₹166.2 crore for the first quarter ended June 30, 2026, reflecting a 4.1% increase from the previous year. The company's operating revenue grew 9.9% year-on-year to ₹327.5 crore, supported by a 6.6% sequential growth, marking the fastest quarterly expansion in a decade outside the post-COVID recovery period. EBITDA for the quarter stood at ₹87.4 crore, with a margin of 26.69%, compared to 29.00% in the prior year period, while other income rose 3.3% to ₹131.5 crore due to mark-to-market gains on its treasury portfolio.

The board approved the unaudited financial results, which highlighted a profit before tax of ₹206.6 crore, up 3.9% year-on-year. The effective tax rate for the quarter was normalized at 19.5%. Deferred revenue stood at ₹540.1 crore, a 1.0% increase year-on-year. The company's cash and investments position strengthened to ₹6,022.1 crore as of June 30, 2026, compared to ₹5,429.8 crore in the prior year and ₹5,852.2 crore as of March 31, 2026.

The board approved the appointment of Mr. Dinkar Ayilavarapu as Chief Executive Officer (designate) and Key Managerial Personnel effective July 10, 2026. He will assume the role of Chief Executive Officer on August 1, 2026, succeeding Mr. V.S.S. Mani, who completes his term as Managing Director and Chief Executive Officer on July 31, 2026. Additionally, Mr. Dinesh Taluja resigned as Non-executive Director effective July 10, 2026, and was appointed as Chief Financial Officer and Key Managerial Personnel effective July 11, 2026.

The following table summarizes the key financial and operational metrics for the quarter:

Operational Performance

Total traffic, measured by unique visitors, reached 192.9 million during the quarter, a slight decline of 0.2% year-on-year but an increase of 5.8% quarter-on-quarter. Mobile platforms accounted for 86.5% of the traffic, while desktop and voice platforms contributed 10.6% and 2.9%, respectively. Total active listings grew 13.0% year-on-year to 56.1 million, with a net addition of 1,467,180 listings during the quarter. The number of listings with geocodes rose 19.7% to 41.7 million.

Active paid campaigns at the end of the quarter stood at 639,200, up 3.5% year-on-year. Total images in listings increased 14.1% to 262.9 million. Ratings and reviews reached 160.5 million, growing 4.4% year-on-year. The company's total employee count stood at 13,337, with sales employees increasing 7.8% to 10,965.

Strategic Initiatives

Mr. Shwetank Dixit, Chief Growth Officer, emphasized the role of AI in driving productivity and user experience. The company deployed AI voice agents to qualify leads and assist sales workflows, alongside expanding agentic AI across voice, WhatsApp, and sales assistants. On the B2B front, Just Dial introduced the JD Mart Super Sixer Pack, offering benefits such as premium 3D catalogues and verified badges to enhance visibility for sellers.

Manasi Iyer, a member of the promoter group of Just Dial Limited, declared that she has not created any encumbrance, directly or indirectly, on the shares of Just Dial held by her during the financial year 2024-25. The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was addressed to BSE Limited, National Stock Exchange of India Limited, and Metropolitan Stock Exchange of India Limited. It confirmed that no encumbrance was created on the shares at any point during the specified financial year.

Key Details

The submission was made on April 9, 2025. Copies of the declaration were forwarded to the Company Secretary and the Audit Committee of Just Dial Limited for their records.