Just Dial's Profit Surge: A Testament to Technological Innovation

Just Dial Ltd, a leading local search engine, reported a two-fold leap in profit, reaching Rs 154 crore in the second quarter. Under Reliance Retail Ventures, the company recorded Rs 284.83 crore in revenue, marking a 9.3% annual increase. Enhanced offerings and strategic digital solutions drove this growth.

Just Dial Ltd, a well-known local search engine, has announced a more than twofold increase in its consolidated net profit, reaching Rs 154 crore for the second quarter. This marks a significant rise from Rs 71.79 crore in the same quarter last year, as detailed in a regulatory filing by the company, now under the control of Reliance Retail Ventures Ltd.

The company's revenue from operations hit a record Rs 284.83 crore in the September quarter, up from Rs 260.61 crore the previous year. The earnings statement highlighted a 9.3% year-on-year increase, emphasizing Just Dial's commitment to providing superior digital solutions for businesses and consumers.

Chief Growth Officer Shwetank Dixit noted the company's focus on innovation and operational efficiency as key drivers of sustainable and profitable growth. The company's active business network grew significantly, and the platform saw a 15.3% increase in visitors, showcasing the impact of its strategic marketing campaigns and investments in advanced technologies such as AI.

(With inputs from agencies.)