Just Dial Q3 Earnings Report: Net Profit Declines 10% to ₹118 Crore Despite Revenue Increase

Just Dial Q3 Earnings Report: Net Profit Declines 10% to ₹118 Crore Despite Revenue Increase
On Tuesday (January 13), Just Dial Ltd, a local search engine, announced a year-on-year decline in net profit of 10.2% for the third quarter, reaching ₹117.9 crore, down from ₹131.3 crore in the same quarter last year.

Quarterly revenue saw an increase of 6.4% YoY, amounting to ₹305.6 crore compared to ₹287.3 crore. EBITDA rose by 9.6% to ₹95.2 crore in Q3, against ₹86.8 crore from the previous year. The EBITDA margin improved to 31.1%, up from 30.2% in the same quarter last year.

For the third quarter of FY26, the company recorded other income of ₹84.6 crore, reflecting a 9.3% increase YoY and a 15.5% rise QoQ, attributed to higher treasury levels.

Also Read: Just Dial Q1 Results | Net profit rises 13% to ₹160 crore; revenue up 6%

The profit before tax (PBT) for the quarter was ₹145.6 crore, down 2.4% YoY due to a one-off exceptional expense of ₹21.1 crore associated with past service costs from the new labour code implementation.

The effective tax rate (ETR) normalised at 19.0% for 3Q FY26, compared to a lower ETR of 12.0% in FY25, which had included a reversal of deferred tax on treasury movements transitioning from short-term to long-term investments.

Deferred revenue for the quarter was reported at ₹521.9 crore, a 2.9% increase YoY. Cash and investments rose to ₹5,703.0 crore as of December 31, 2025, up from ₹5,062.7 crore on December 31, 2024, and ₹5,569.7 crore on September 30, 2025.

In terms of business performance, total traffic for 3Q FY26 reached 184.5 million unique visitors, decreasing by 3.5% YoY but rising 6.6% QoQ. Mobile platforms contributed 86.2% of traffic, followed by desktop/PC at 11.0% and voice platforms at 2.8%.

Also Read: Just Dial Q2 results: Profit falls, revenue grows over 6% YoY; margin flat

As of December 31, 2025, total active listings increased to 52.8 million, representing an 11.1% increase YoY and a 3.1% rise QoQ, with 1,583,120 new listings added during the quarter. Among these, 37.3 million listings were geocoded, showing a 17.3% YoY increase. The total number of images in listings was 250.0 million, up 15.7% YoY and 4.6% QoQ.

Total ratings and reviews reached 155.7 million by the end of the quarter, marking a 2.9% increase YoY. Active paid campaigns at the end of 3Q FY26 reached 629,180, reflecting a 4.7% rise YoY and a 0.8% increase QoQ.

Just Dial Ltd’s shares closed at ₹733, rising by ₹10.85, or 1.50%, on the BSE.

Also Read: Just Dial Q4 Results | Net profit jumps 36% to ₹158 crore on strong merchant acquisition

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