Just Dial Q1 Profit Climbs 4.1% To ₹166.2 Crore, Shares Rally 20%

Just Dial shares rallied as much as 20% during Monday's trading session after the company reported a steady rise in earnings for the June quarter. The local search platform posted a net profit of ₹166.2 crore for the first quarter of FY27, up 4.1% from a year ago, while operating revenue grew 9.9% year-on-year to ₹327.5 crore. EBITDA came in at ₹87.4 crore, with the margin holding firm at 26.7%.

Following the results, the stock closed at ₹676.85, on the Bombay Stock Exchange (BSE) on Monday.

Despite Monday's sharp rally, Just Dial share price remains down so far this year and has declined 27.50% over the past 12 months.

What Drove Just Dial's Q1 Results?

Just Dial’s earnings in FY27 (June quarter) marked its strongest sequential revenue growth in ten years, barring the period immediately after the pandemic when businesses reopened. The company attributed the improvement to steady growth in its core operations and continued spending on technology.

It also closed the quarter with cash and investments of ₹6,022.1 crore. Operating profit before tax rose 4.9% from a year earlier to ₹75.1 crore.

User activity remained largely stable. Quarterly unique visitors stood at 192.9 million, almost unchanged from a year ago but 5.8% higher than the previous quarter. Most users continued to access the platform through mobile devices, which accounted for 86.5% of the overall traffic.

The company's business listings continued to expand during the quarter. Active listings reached 56.1 million as of June-end, up 13% from a year earlier. Listings tagged with geocodes climbed to 41.7 million, while the number of images attached to listings increased to 262.9 million. Paid campaigns also edged higher to 6,39,200, indicating steady demand from businesses using the platform.

How Is AI Shaping Just Dial's Growth?

Management said artificial intelligence is becoming an important driver of both growth and efficiency across the business.

The company has introduced AI-powered voice agents that better understand customer queries and connect buyers with relevant sellers. AI is also being used in sales, listing verification, catalogue management, and customer support to improve productivity and service quality.

Just Dial said it is now extending these AI capabilities to merchants as well, helping businesses create richer content and automate customer interactions while making advanced tools more accessible to India's MSMEs.

Also Read- Tata Capital Makes Entry Into Gold Loan Market With Yogloans Acquisition