New Delhi: India's top local search engine has announced its best financial performance to date, showing impressive growth and strong financial stability in the first quarter of FY25. The company reached an all-time high in revenue, earning Rs. 280.6 crores, showcasing a notable 13.6 pc year-on-year (YoY) rise, highlighting its dedication to providing high-quality digital solutions to companies and customers across the country.
Justdial's successful cost management and revenue enhancement tactics are highlighted by its record-high operating EBITDA of Rs. 80.6 crores, showing a 119.8 pc year-over-year increase. This led to the company reaching a net profit of Rs. Justdial achieved its highest ever quarterly revenue of 141.2 crores, showing a significant 69.3 pc year-on-year growth.
The impressive financial data showcases the substantial value Justdial offers to its users and business partners. The platform has successfully met users' day-to-day local search requirements and helped businesses increase their visibility for business expansion. This quarter, Justdial saw significant growth in its active business network, reaching a total of 44.9 million. The platform saw a record number of visitors in the latest quarter with 181.3 million users, gaining 10 million from the previous quarter. Currently, Justdial has a total of 198.2 million images and 149.1 million reviews for different businesses.
Mr. Shwetank Dixit, Chief Growth Officer of Justdial, stated that the company's record revenue and a 69 pc year-on-year increase in profits show their capability to achieve strong financial results in a fiercely competitive market. We have placed a high importance on providing great value to our stakeholders, such as shareholders, users, and businesses. Our commitment to offering comprehensive search content has enabled users to make educated choices, and our platform remains a robust digital marketing resource for businesses.
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