Justdial Reports Record Financial Results in Q1 FY25

India’s leading local search engine, Justdial, has reported its highest-ever financial results for Q1 FY25. The company achieved record revenues of Rs. 280.6 crores, marking a 13.6% YoY increase. Its net profit hit Rs. 141.2 crores, showing a 69.3% YoY growth. Justdial's strategies in revenue optimization, low-cost customer acquisition, and leveraging generative AI have contributed to these milestones.

India's leading local search engine, Justdial, has achieved its highest-ever financial results in the first quarter of FY25. The company announced a record revenue of Rs. 280.6 crores, demonstrating a significant 13.6% year-on-year increase. This achievement highlights Justdial's commitment to providing top-tier digital solutions to both businesses and consumers across the country.

Justdial's financial success is further emphasized by its record-breaking operating EBITDA of Rs. 80.6 crores, which grew by 119.8% year-on-year. The company also reported a net profit of Rs. 141.2 crores, a remarkable 69.3% increase compared to the previous year. This quarter also saw Justdial expanding its network of active businesses to 44.9 million and attracting its highest-ever quarterly visitors at 181.3 million.

Mr. Shwetank Dixit, Chief Growth Officer of Justdial, stated, "Justdial's exceptional financial performance illustrates our ability to thrive in a competitive market. We remain focused on innovation, including the integration of generative AI, to enhance user experiences. Our commitment to providing valuable search content and effective digital marketing solutions continues to drive our success."

(With inputs from agencies.)