Just Dial , India's leading local search engine company, has reported a steady growth in its financial performance for the second quarter of fiscal year 2026, while emphasizing its focus on AI-powered platform expansion and B2B operations scaling.

Financial Highlights

For Q2 FY26 ended September 30, 2025, Just Dial reported:

The company maintained a healthy EBITDA margin of 28.70%, despite a slight decline of 9 basis points year-over-year. The decrease in net profit can be attributed to a reduction in other income, which fell by 35.50% compared to the same quarter last year.

Operational Performance

Just Dial's operational metrics showed mixed results:

• Quarterly unique visitors reached 197.70 million, a marginal decrease of 0.20% YoY.
• Mobile platform traffic grew by 2.10% YoY, now accounting for 87.30% of total traffic.
• Active paid campaigns increased to 623,970, up 4.30% YoY.
• Total listings expanded to 51.20 million, a robust growth of 10.80% YoY.

Strategic Focus on AI and B2B

Just Dial's Chief Growth Officer, Shwetank Dixit, highlighted the company's strategic direction: "We continue to invest in R&D to identify opportunities where AI and emerging technologies can be leveraged to drive operational efficiency and improve user experience."

The company is particularly focused on:

1. Strengthening technology, process, and talent foundations.
2. Expanding its AI-powered platform capabilities.
3. Scaling JD Mart B2B operations.
4. Implementing digital transformation initiatives for small and medium enterprises.

Financial Position

Just Dial maintains a strong financial position with:

• Cash and investments of ₹5,569.70 crore as of September 30, 2025, up 12.70% YoY.
• A steady revenue progress supported by its high-profit operating model.

Outlook

While specific future projections were not provided, Just Dial's management expressed commitment to nurturing new growth areas by leveraging the company's existing strengths. The focus on AI-driven innovations and B2B expansion suggests a strategic approach to maintaining growth momentum in the evolving digital landscape.

Investors and market watchers will be keen to observe how Just Dial's investments in AI and B2B operations translate into financial performance in the coming quarters, especially given the competitive nature of the digital services sector in India.

Just Dial Limited, India's leading local search engine company, has reported a mixed set of financial results for the second quarter of fiscal year 2026. The company saw an increase in revenue but experienced a decline in net profit compared to the same period last year.

Financial Highlights

Revenue Growth

Just Dial's revenue from operations for Q2 FY26 stood at ₹303.07 crores, marking a 6.40% increase from ₹284.83 crores in the corresponding quarter of the previous fiscal year. This growth indicates the company's ability to expand its service offerings and customer base.

Profit Decline

Despite the revenue growth, the company experienced a significant decline in its net profit. Just Dial reported a net profit of ₹119.44 crores for Q2 FY26, down 22.48% from ₹154.07 crores in Q2 FY25.

Other Financial Metrics

• Total Income: The company's total income, including other income, stood at ₹376.37 crores for Q2 FY26, compared to ₹398.44 crores in Q2 FY25.
• Expenses: Total expenses increased to ₹229.36 crores in Q2 FY26 from ₹216.88 crores in the same quarter last year.
• Employee Benefits Expense: This rose to ₹183.72 crores in Q2 FY26 from ₹174.52 crores in Q2 FY25.

Half-Year Performance

For the half-year ended September 30, 2025:

• Revenue from operations reached ₹600.93 crores, up from ₹565.40 crores in H1 FY25.
• Net profit for H1 FY26 was ₹279.09 crores, compared to ₹295.29 crores in H1 FY25.

Conclusion

Just Dial's Q2 FY26 results present a mixed picture, with solid revenue growth offset by a significant decline in net profit. The company's ability to increase its revenue is noteworthy, but the pressure on profitability may require attention from management in the coming quarters.