Just Dial Limited announced its unaudited financial results for the third quarter ended December 31, 2025, showing a mixed performance with revenue growth accompanied by a decline in net profitability. The search and search-related services company faced headwinds from exceptional charges while maintaining operational momentum.

Financial Performance Overview

The company's financial metrics for Q3FY26 present a contrasting picture of growth and challenges:

Net revenue from operations grew 6.4% year-on-year to ₹3,056.9 million, driven by increased value of services from contracts with customers. Total income reached ₹3,903.2 million, up 7.0% from the previous year, supported by other income of ₹846.3 million.

Exceptional Charges Impact Results

The quarter's profitability was significantly affected by exceptional charges totaling ₹210.8 million related to new labour codes. Effective November 21, 2025, the new labour code on Social Security, 2020, amended the definition of "wages" for gratuity calculations and expanded coverage to fixed-term employees. This revision resulted in a one-time past service cost recognition under Indian Accounting Standards.

Profit before exceptional items and tax stood at ₹1,667.0 million, representing an 11.8% increase from ₹1,491.7 million in Q3FY25. However, after accounting for the exceptional charge, profit before tax declined to ₹1,456.2 million.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, reflected similar trends with revenue growth but reduced profitability:

For the nine-month period, net revenue from operations increased 6.3% to ₹9,066.2 million, while net profit decreased 6.9% to ₹3,970.2 million, primarily due to the exceptional charge impact.

Operational Metrics and Other Income

Other income contributed significantly to total income, reaching ₹846.3 million in Q3FY26 compared to ₹774.1 million in Q3FY25. This included fair value gains on financial instruments measured at fair value through profit and loss of ₹747.3 million and profit on sale of investments of ₹9.3 million.

Employee benefits expense, the largest cost component, increased to ₹1,790.7 million from ₹1,731.7 million year-on-year. Total expenses rose to ₹2,236.2 million from ₹2,155.7 million, representing a 3.7% increase.

Capital Structure and Earnings

The company maintained a stable capital structure with paid-up equity share capital of ₹850.4 million, consisting of 85,044,657 equity shares of ₹10 each. During the nine-month period, the company issued 2,500 equity shares upon conversion of stock options under its Employee Stock Option Scheme.

Basic earnings per share for Q3FY26 stood at ₹16.35, up from ₹15.44 in the corresponding quarter last year, while diluted earnings per share remained at ₹16.35. For the nine-month period, basic earnings per share reached ₹49.17 compared to ₹50.16 in the previous year.

Just Dial has announced that it will review its third quarter financial results on January 13. The e-commerce and app-based aggregator company has scheduled this review session to present its quarterly performance to stakeholders.

Scheduled Results Review

The company has set January 13 as the date for reviewing its Q3 financial results. This scheduled review will provide stakeholders with insights into Just Dial's performance during the third quarter period.

Company Overview

Just Dial operates in the e-commerce and app-based aggregator sector, providing digital platform services to connect businesses with consumers. The upcoming results review will offer visibility into how the company has performed in its core business segments during the quarter.

Stakeholders and investors will be looking forward to the January 13 review session to understand the company's financial position and operational performance for the third quarter.