Devdiscourse News Desk| Mumbai | India
India’s leading local search engine, Justdial, has achieved its highest-ever financial results in the first quarter of FY25. The company announced a record revenue of Rs. 280.6 crores, demonstrating a significant 13.6% year-on-year increase. This achievement highlights Justdial's commitment to providing top-tier digital solutions to both businesses and consumers across the country.
Justdial's financial success is further emphasized by its record-breaking operating EBITDA of Rs. 80.6 crores, which grew by 119.8% year-on-year. The company also reported a net profit of Rs. 141.2 crores, a remarkable 69.3% increase compared to the previous year. This quarter also saw Justdial expanding its network of active businesses to 44.9 million and attracting its highest-ever quarterly visitors at 181.3 million.
Mr. Shwetank Dixit, Chief Growth Officer of Justdial, stated, “Justdial’s exceptional financial performance illustrates our ability to thrive in a competitive market. We remain focused on innovation, including the integration of generative AI, to enhance user experiences. Our commitment to providing valuable search content and effective digital marketing solutions continues to drive our success.”
(With inputs from agencies.)
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