Just Dial Limited , India's leading local search engine company, has announced its financial results for the first quarter, showcasing strong growth across key metrics.

Financial Highlights

The company reported a notable increase in its net profit for Q1, which rose to ₹160.00 crore, marking a 13% year-over-year growth. This impressive performance was underpinned by solid revenue growth and improved operational efficiency.

Just Dial's operating revenue for the quarter stood at ₹298.00 crore, representing a 6.2% increase compared to the corresponding quarter of the previous year. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a significant improvement, reaching ₹86.40 crore, up 7.2% year-over-year. The EBITDA margin expanded to 29%, reflecting enhanced operational efficiency.

Operational Performance

Just Dial continued to strengthen its market position, with total traffic (unique visitors) for the quarter reaching 193.2 million, a 6.6% increase year-over-year.

User Engagement and Paid Campaigns

The number of active paid campaigns at the end of the quarter stood at 617,340, representing a 4.3% year-over-year increase. This growth in paid campaigns indicates strong demand from businesses for Just Dial's advertising services.

Just Dial's Q1 results reflect the company's continued success in capitalizing on the growing demand for local search services in India. With its strong market position, expanding user base, and robust financial performance, Just Dial is well-positioned for sustained growth in the coming quarters.

Just Dial , India's leading local search engine, has announced its financial results for the first quarter, showcasing strong performance across key metrics.

Financial Highlights

• Net Profit: ₹160.00 crore, up 13% year-over-year
• Revenue: ₹298.00 crore, a 6.2% increase from the previous year
• EBITDA: ₹86.40 crore, up 7.2% year-over-year
• EBITDA Margin: Improved slightly to 29%

Detailed Financial Performance

Just Dial's Q1 results demonstrate resilient growth and improved profitability. The company's financial statement reveals:

Key Observations

1. Revenue Growth: The company's net revenue from operations increased by 6.2% year-over-year, indicating steady growth in its core business.

2. Profitability Boost: Just Dial's net profit saw a significant jump of 13%, showcasing improved operational efficiency.

3. EBITDA Performance: The company's EBITDA grew by 7.2%, outpacing revenue growth and indicating improved operational efficiency.

4. Margin Improvement: The EBITDA margin saw a slight improvement, reaching 29%, which suggests better cost management and operational leverage.

Market Implications

The financial results demonstrate Just Dial's ability to grow its revenue and significantly improve profitability. With a strong financial position and continued focus on its core business, Just Dial appears well-positioned for sustained growth in the local search and services discovery market.

Note: All financial figures are based on the results for Q1 as reported by Just Dial Limited.