Just Dial Share Price in Focus; Reports 6.4% Revenue Growth in Q3 FY26 Results

Just Dial Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. 

During Q3 FY26, the company delivered steady revenue growth and margin expansion, even as profitability was impacted by a one-time exceptional expense linked to the implementation of new labour codes.

Revenue and Profitability Trends

Operating revenue for the quarter stood at ₹305.7 crore, marking a 6.4% year-on-year increase. Operating EBITDA rose 10% YoY to ₹95.2 crore, with EBITDA margin improving by 101 basis points to a healthy 31.2%. Operating profit before tax increased 14.4% YoY to ₹82.1 crore, reflecting strong operating leverage.

However, total profit before tax declined marginally by 2.4% YoY to ₹145.6 crore due to a one-time exceptional charge of ₹21.1 crore. Consequently, net profit for the quarter stood at ₹118.0 crore, down 10.2% YoY. The effective tax rate normalised to 19% compared with a lower base in FY25.

Other Income and Balance Sheet Strength

Other income grew 9.3% YoY and 15.5% QoQ to ₹84.6 crore, supported by higher treasury levels. Deferred revenue stood at ₹521.9 crore, up 2.9% YoY. Just Dial continued to maintain a strong balance sheet, with cash and investments at ₹5,703 crore as of December 31, 2025, compared with ₹5,062.7 crore a year earlier.

Business and User Metrics

Total quarterly traffic stood at 184.5 million unique visitors, down 3.5% YoY but up 6.6% QoQ, indicating sequential recovery. Mobile platforms accounted for 86.2% of total traffic. Active listings increased 11.1% YoY to 52.8 million, with 1.58 million net listings added during the quarter. Geocoded listings grew 17.3% YoY, while total images and ratings continued to expand steadily. Active paid campaigns rose 4.7% YoY to 629,180.

Mr. Shwetank Dixit, Chief Growth Officer, Just Dial, stated, “Looking ahead, we plan to roll out agentic AI voice and chat interfaces to support data verification and customer support, while also embedding AI within our search experience to enable more conversational discovery. Together, these initiatives are simplifying how businesses manage their digital presence while making local discovery faster and more intuitive for our users”.

Just Dial Share Price Performance

On January 14, 2026, Just Dial share price (NSE: JUSTDIAL) opened at ₹730.15, down from its previous close of ₹733.15. At 10:03 AM, the share price of Just Dial was trading at ₹725.6, up by 1% on the NSE.

Also Read: Tata Elxsi Q3 FY26 Earnings Results: Revenue Rises 3.9% To ₹953.5 Crore!

Conclusion

Just Dial’s Q3 FY26 performance reflects resilient operating fundamentals, improving margins, and strong cash generation. While near-term profitability was affected by a one-off expense, growth in listings, traffic recovery, and a robust balance sheet position the company well for sustained long-term growth.

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