Just Dial (JUSTDIAL) Q2 25/26 earnings summary

Executive summary

• Operating revenue for Q2 FY26 was Rs 3,031 million, up 6.4% year-over-year and 1.8% sequentially from Q1 FY26.

• Net profit for Q2 FY26 was Rs 1,194 million, down 22.5% year-over-year and 25.2% sequentially, with a net profit margin of 31.7%.

• Unaudited financial results for the quarter and half year ended September 30, 2025, were approved by the Board and reviewed by statutory auditors, with no material misstatements identified.

• Unique quarterly visitors reached 197.7 million, with mobile accounting for 87.3% of traffic.

• Active paid campaigns increased to 623,970, up 4.3% year-over-year.

Financial highlights

• EBITDA for Q2 FY26 was Rs 871 million, up 6.1% year-over-year, with a margin of 28.7%.

• Other income for Q2 FY26 was Rs 733 million, reflecting gains from financial instruments and sale of investments, but declined 35.5% year-over-year.

• Cash and investments at period end stood at Rs 55,697 million, up 12.7% year-over-year.

• Unearned revenue at period end was Rs 5,260 million, up 2.0% year-over-year.

• Earnings per share (basic and diluted) for Q2 FY26 were ₹14.04, compared to ₹18.12 in Q2 FY25.

Outlook and guidance

• Management highlights a scalable and profitable business model, with continued focus on technology and expanding SME value propositions.

• Emphasis on growing paid campaigns and enhancing user engagement through platform improvements.

• The company continues to operate in a single segment, focusing on search and related services, with no change in business model or segment structure.