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Just Dial Q4 Profit Plunges 36.6% Despite Revenue Growth

Just Dial reported a significant 36.6% year-on-year decline in its fourth-quarter net profit, which fell to Rs 100 crore. Despite this, the company's revenue saw a 6.2% increase to Rs 307.2 crore, and its operational EBITDA grew by 3.2%. A steep 55.2% fall in other income heavily impacted the bottom-line profitability. The company noted a focus on AI-led platform transformation and maintained a strong balance sheet with over Rs 5,850 crore in cash.

Key Points: Just Dial Q4 FY26 Net Profit Falls 36.6% to Rs 100 Cr

  • 36.6% drop in Q4 net profit
  • Revenue grew 6.2% to Rs 307.2 crore
  • Other income fell sharply by 55.2%
  • Active listings grew 12.1% to 54.7 million
2 min read

Just Dial clocks 36.6 pc drop in Q4 net profit

Just Dial reports a 36.6% drop in Q4 net profit to Rs 100 crore, though revenue and operational metrics show growth. Key details inside.

"FY26 was a significant year as the company focused on transforming its platform through artificial intelligence-led tools. - Shwetank Dixit"

Mumbai, April 14

Just Dial Limited has reported a 36.6 per cent year-on-year decline in its fourth-quarter profit for FY26.

The company posted a net profit of Rs 100 crore for Q4 FY26, compared to Rs 160 crore in the corresponding quarter previous financial year (Q4 FY25).

Despite the drop in profit, revenue rose 6.2 per cent to Rs 307.2 crore, compared with Rs 290 crore in the year-ago period, according to its regulatory filing.

Operationally, the company reported a 3.2 per cent increase in EBITDA to Rs 88.8 crore, with margins standing at 28.9 per cent.

Operating profit before tax came in at Rs 76.1 crore, marking a 7.3 per cent rise on a yearly basis.

However, a steep fall in other income weighed on overall profitability, declining 55.2 per cent year-on-year and 42.5 per cent sequentially to Rs 48.6 crore.

User engagement metrics showed some weakness during the quarter. Traffic declined 4.7 per cent year-on-year to 182.4 million unique visitors and slipped 1.2 per cent on a sequential basis.

Mobile continued to dominate usage, accounting for 85.7 per cent of total traffic, followed by desktop at 11.5 per cent and voice at 2.8 per cent.

On the business side, Just Dial continued to expand its database. Active listings grew 12.1 per cent year-on-year to 54.7 million as of March 31, 2026, supported by net additions of over 1.87 million listings during the quarter.

Geocoded listings saw a sharper rise of 25.4 per cent to 41 million, as per its filing.

The company maintained a strong balance sheet, with cash and investments rising to Rs 5,852.2 crore as of March-end, compared with Rs 5,278.6 crore a year ago.

Deferred revenue stood largely flat at Rs 555.4 crore, as per its regulatory filing.

Commenting on the performance, Chief Growth Officer Shwetank Dixit said FY26 was a significant year as the company focused on transforming its platform through artificial intelligence-led tools.

Shares of the company ended at Rs 569.95 on the BSE, down Rs 11.35 or 1.95 per cent on Monday.

- IANS

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Reader Comments

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Priya S
The drop in unique visitors is worrying. In today's digital age, if your traffic is declining, it's a red flag. Everyone uses Google Maps or niche apps now. Just Dial needs to seriously reinvent its user experience to stay relevant. The AI focus is a step, but is it enough? 🤔
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Rohit P
My father still swears by Just Dial to find a local plumber or electrician! 😄 It's a trusted brand for many small businesses and older users. The growth in active listings to 54.7 million is impressive. Profit might be down, but the core business of connecting users with vendors seems solid. Bharat will always need services like this.
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Sarah B
As an analyst, I see a mixed bag. The P&L took a hit from non-operational items (other income), but the operating profit is up 7.3%. That's the key business health indicator. Margins are stable at ~29%. The market is punishing the stock for the headline net profit number, but the underlying ops aren't that bad. A classic case of looking beyond the headline.
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Karthik V
They are sitting on a mountain of cash! ₹5,852 crore! That's the real story. With that kind of war chest, they can invest heavily in tech, acquisitions, or even give special dividends. The short-term profit fluctuation is noise. The balance sheet strength gives them a huge buffer to navigate competition.
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Meera T
Respectfully, I think the management needs to communicate better. A "significant year of transformation" is fine, but when profits fall so sharply, investors need a clearer roadmap. What exactly

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