Just Dial shares rocket 14% as profit rises to Rs 166 crore; revenue grows 10% YoY

Synopsis

Just Dial shares surged as much as 14% after the company reported strong Q1FY27 results. Net profit rose 4.1% YoY to Rs 166.2 crore, while revenue climbed 9.9% YoY to Rs 327.5 crore. EBITDA margin remained healthy at 26.7%, with quarterly unique visitors at 192.9 million. The company also ended June with Rs 6,022 crore in cash and investments.

Shares of Just Dial rallied as much as 14% to an intraday high of Rs 645 on the BSE on Monday after the company reported a strong set of Q1 earnings.

Net profit rose 4.1% year-on-year (YoY) to Rs 166.2 crore, while revenue increased 9.9% YoY and 6.6% sequentially to Rs 327.5 crore.

EBITDA grew 1.1% YoY to Rs 87.4 crore, with the EBITDA margin remaining healthy at 26.7%. Quarterly unique visitors stood at 192.9 million during the quarter. As of June 30, 2026, the company had Rs 6,022.1 crore in cash and investments on its balance sheet.

Also read:Just Dial CEO VSS Mani to step down; former Flipkart executive Dinkar Ayilavarapu named successor

Just Dial Q1 business highlights

Just Dial's total traffic, measured by unique visitors, stood at 192.9 million during the quarter, down 0.2% YoY but up 5.8% QoQ. Mobile platforms contributed 86.5% of the traffic, followed by desktop/PC (10.6%) and the voice platform (2.9%).

Active listings increased 13% YoY and 2.7% QoQ to 56.1 million as of June 30, 2026, with a net addition of 1.47 million listings during the quarter. Geocoded listings rose 19.7% YoY to 41.7 million, while the number of listing images grew 14.1% YoY and 2.6% QoQ to 262.9 million.

The company ended the quarter with 160.5 million ratings and reviews, up 4.4% YoY. Active paid campaigns also increased 3.5% YoY and 1.2% QoQ to 639,200.

Just Dial Q1 management commentary

Management said the company started FY27 on a strong note, with revenue posting its fastest sequential growth in a decade, excluding the post-pandemic recovery period. It attributed the performance to disciplined execution in its core business and continued investments in technology.

The company said artificial intelligence is emerging as a key growth driver, enhancing both customer experience and operational efficiency. AI-powered voice agents are improving buyer-seller matching by better understanding user intent and qualifying leads more accurately. The company has also integrated AI into its sales processes to improve lead nurturing, while deploying it for catalogue management, listing verification and customer support to scale operations and improve service quality.

Read more: This Ambani-owned stock's market cap slips below cash balance. Is it a deep value pick?

Just Dial is a leading local search platform in India, offering search and discovery services. Despite today’s super surge, Just Dial shares are down 12% on a YTD basis. In the last one year, the stock has fallen 31%.

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