2 weeks Ago
Local search engine Just Dial reported a 61 per cent year-on-year increase in net profit to Rs 584.2 crore for the financial year 2024-25 (FY25), driven by strong merchant acquisition strategies and continued tech upgrades. For the January-March quarter, the company posted a net profit of Rs 157.
6 crore. Revenue for the full year stood at Rs 1,141.9 crore, marking a 9.
5 per cent increase over FY24. During Q4, revenue touched Rs 289.2 crore, reflecting a 7 per cent rise compared to the same period last year.
The company attributed its quarterly growth to targeted merchant acquisition campaigns, which led to deeper penetration across both urban and semi-urban markets. Quarterly unique visitors reached 191.3 million in Q4, up 11.
8 per cent year-on-year, while total business listings grew to 48.8 million by the end of FY25. "FY25 has been a landmark year for Just Dial, not just in terms of financial performance, but also in how we have transformed local business engagement," said Shwetank Dixit, Chief Growth Officer, Just Dial.
He added that the integration of Generative AI, improved business listings, and a strong focus on user and merchant experience have set the stage for sustained long-term growth. "As we step into FY26, our confidence in delivering sustained value to users, merchants, and shareholders remains stronger than ever," Dixit noted..
