Just Dial on Friday reported a net profit of Rs 131.31 crore for the quarter ended December 31, 2024 which was up 43% over Rs 92 crore reported in the year ago period. The Reliance Retail Ventures promoted company reported net revenues at Rs 287.33 crore in Q3FY25, higher by 8.4% over Rs 265 crore reported in the corresponding quarter of the previous financial year.The October-December quarter earnings were announced after market hours and shares of Just Dial today ended at Rs 1034.60 on the BSE, down by Rs 40.35 or 3.75% over the Thursday closing price.Just Dial QoQ performanceThe profit after tax in the reported quarter was down 15% on a quarter-on-quarter basis versus Rs 154 crore reported by the company in Q2FY25. The net revenue from operations was marginally higher on a sequential basis, rising by 0.88% versus 285 crore in the July-September quarter. Total income which included other income of Rs 77 crore stood at Rs 365 crore in Q3FY25 versus Rs 398.44 crore in Q2FY25 and Rs 340 crore in Q3FY24.Also Read: Avenue Supermarts Q3 preview: Revenue to surge 18% YoY on store additions. PAT may jump 14-17%Just Dial's Q3 expensesJust Dial reported expenses of Rs 215.57 crore in Q3FY25 which was up from Rs 216.88 crore in Q2FY25 and Rs 218.97 crore in Q3FY25. The expenses were reported under the head including, employee benefits expense, finance cost, depreciation and amortisation expenses and other expenses.Just Dial 9MFY25 performanceFor the nine-month ended period, the PAT stood at Rs 426.60 crore up from Rs 247.20 crore which was a 73% growth on a YoY basis. The nine-month net revenue was reported at Rs 852.73 crore as against Rs 772.64 crore in the year ago period. This translates into a 10.4% growth.Just Dial Management takeCommenting on the company's performance, Shwetank Dixit, Chief Growth Officer at Justdial said, “Justdial has consistently demonstrated sustainable and profitable growth through a razor-sharp focus on core products and operational efficiency. Our innovative, integrated marketing campaigns—spanning digital and traditional channels like web, print, social media, physical meetup, and email—have successfully boosted our engagement with vendors""We’re not only achieving new revenue milestones but are also making significant investments in advanced technologies, including AI, to further enhance the value we deliver to both users and businesses. We are excited about the future and look forward to delivering more value to our users, vendors and shareholders,” Dixit said.Also Read: Metal sector Q3FY25 earnings to be a mixed bag. Vedanta, Coal India among 8 top brokerage buys(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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