Shares of Just Dial Ltd. experienced a significant surge in early trading on Monday, climbing nearly 15% following the announcement of its robust financial results for the first quarter of fiscal year 2027 (Q1 FY27). The company's stock reached a day high of Rs 648, reflecting strong investor confidence in its recent performance.
Strong Financial Performance in Q1 FY27
For the quarter ending June 30, 2026, Just Dial reported a consolidated revenue of Rs 327.5 crore. This marks a substantial 9.9% increase year-on-year (YoY) and a healthy 6.6% growth quarter-on-quarter (QoQ).
- EBITDA: The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at Rs 87.4 crore, showing a 1.1% increase YoY. The EBITDA margin was maintained at 26.7%.
- Profit Before Tax (PBT): Operating profit before tax grew by 4.9% YoY, reaching Rs 75.1 crore.
- Net Profit: The company's net profit saw a 4.1% rise YoY, amounting to Rs 166.2 crore.
As of June 30, 2026, Just Dial maintained a strong financial position with cash and investments totaling Rs 6,022.1 crore.
Operational Highlights and User Engagement
Operationally, Just Dial continued to demonstrate strong engagement metrics:
- Unique Visitors: Total quarterly unique visitors, or traffic, reached 192.9 million. While this was a slight decrease of 0.2% YoY, it represented a 5.8% increase QoQ.
- Traffic Sources: Mobile platforms accounted for 86.5% of total traffic, with desktop/PC contributing 10.6% and the company's voice platform 2.9%.
- Active Listings: Active listings saw a significant rise of 13% YoY and 2.7% QoQ, totaling 56.1 million as of the quarter's end. The company added a net of 1,467,180 listings during the quarter.
- Geocoded Listings: Geocoded listings, which provide location data, increased by 19.7% YoY to 41.7 million.
- Images and Reviews: Total images across listings climbed 14.1% YoY and 2.6% QoQ to 262.9 million. Total ratings and reviews also grew by 4.4% YoY, reaching 160.5 million.
- Paid Campaigns: Active paid campaigns increased by 3.5% YoY and 1.2% QoQ, totaling 639,200.
Strategic Investments and Future Outlook
Shwetank Dixit, Chief Growth Officer at Just Dial, commented on the impressive start to FY27, highlighting the 6.6% sequential revenue growth as the fastest QoQ growth in a decade, excluding the post-COVID recovery period. He attributed this success to focused execution in the core business and sustained investments in technology capabilities.
"AI voice agents are helping us better understand user intent and qualify leads, resulting in stronger buyer-seller matches, while AI agents deployed across sales workflows are improving lead nurturing and productivity," Dixit stated.
The company also introduced the "JD Mart Super Sixer Pack" during the quarter. This initiative aims to bolster its B2B commerce platform by offering benefits such as highly qualified lead access and premium 3D catalogues to B2B sellers. These strategic moves underscore Just Dial's commitment to leveraging technology for enhanced user experience and business growth.