**Financial Highlights:** Just Dial reported operating revenue of ₹2,873 million in Q3 FY25, up 8.4% year-on-year and a modest 0.9% increase sequentially.
Operating EBITDA surged by 43.4% to ₹866 million, yielding a margin of 30.1%, up 735 bps YoY.
Net profit reached ₹1,313 million, reflecting a robust 42.7% increase from the same quarter last year, with a net profit margin of 36.0%. **Strategic Initiatives and Growth Drivers:** The company continues to leverage its strong brand recognition and unique value proposition targeted at local SMEs, coupled with a scalable technology platform to drive growth.
Active paid campaigns increased to 601,080, showcasing effectiveness in customer retention and engagement strategies. **Business Developments:** Just Dial added 1,290 new listings, taking its total to 47.5 million, while also growing its ratings and reviews to 151.4 million, indicating sustained user engagement. **Market Position and Competitive Advantage:** With 191.2 million unique visitors in the quarter, Just Dial retains a strong position in the Indian local search market, predominantly through mobile access (86% of traffic). **Investor Implications:** Just Dial’s impressive revenue and profit growth, alongside expanding user engagement stats, indicate a positive outlook.
Investors should watch for continued innovations that enhance user experience and drive further market penetration.
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