Just Dial (JUSTDIAL) Q4 24/25 earnings summary

Executive summary

• Q4 FY25 operating revenue was INR 2,892 million, up 7% year-over-year, with net profit at INR 1,576 million, up 36.3%, and net profit margin at 39.6%.

• FY25 operating revenue grew 9.5% to INR 11,419.3 million, net profit surged 61% to INR 5,842 million, and net profit margin improved to 38.2%.

• Unique visitors in Q4 reached 191.3 million, up 11.8% year-over-year, with mobile traffic at 86.9%.

• Active paid campaigns at quarter-end were 613,290, up 5.1% year-over-year.

• Financial statements were prepared in accordance with Indian Accounting Standards and SEBI regulations, with an unmodified audit opinion.

Financial highlights

• Q4 FY25 adjusted EBITDA was INR 861 million (29.8% margin), up 21.8% year-over-year; FY25 adjusted EBITDA margin improved to 29.4%.

• Other income for Q4 was INR 1,087 million, up 19% year-over-year, mainly from treasury gains.

• Cash and investments at period end stood at INR 52,786 million, up 14.1% year-over-year.

• Deferred revenue at period end was INR 5,579 million, up 9.9% year-over-year.

• Net profit for FY25 was INR 5,842 million, up from INR 3,628.5 million in FY24.

Outlook and guidance

• Focus for FY26 is on accelerating top-line growth while maintaining margins above 25%, targeting mid-teens revenue growth.

• Growth to be driven by increased advertising, price hikes in underpriced categories, and productivity improvements.

• Management highlights scalable, profitable business model and continued investment in technology and sales expansion.

• Emphasis on expanding SME reach, enhancing user engagement, and leveraging digital payments and analytics.

• Management confirmed robust internal controls and ability to continue as a going concern.