Just Dial share price surged nearly 13 percent on April 21 after the company reported a 61 percent year-on-year increase in net profit in FY25 to Rs 584.2 crore.
For the January-March quarter of FY25, Just Dial logged a profit of Rs 157.6 crore. Revenue for FY25 was Rs 1,141.9 crore, reflecting a 9.5 per cent growth over FY24. Revenue in Q4 came in at Rs 289.2 crore, a 7 percent uptick over the corresponding period of the last fiscal year.
The company declared its results on Friday when the markets were shut on account of Good Friday and as the markets resumed on Monday, the share price of the company skyrocketed.
Shares of Just Dial surged 12.75 percent to an intraday high of Rs 1,039.4 per share on the NSE. The stock had opened with gap-up on the back of strong results with a gain of 3.7 percent today. The counter has been gaining for the last 7 trading sessions and is up nearly 30 percent in the period.
In Q4 specifically, growth was driven by well-strategised merchant acquisition initiatives that enabled deeper penetration in both urban and semi-urban markets, a company statement said. "FY25 has been a landmark year for Justdial -- not just in terms of financial performance, but also in how we have transformed local business engagement.
The company's promoter Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries, holds 63.84 percent share in the company, according to the December 2024 quarter on the BSE.
Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
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