Shares of Just Dial Ltd declined nearly 3.8% to ₹827.95 in early trade on Monday, October 14, after the company reported a mixed set of Q2 FY25 earnings. While revenue and operating margins remained stable, profit fell sharply year-on-year.
The company’s net profit dropped 22.5% to ₹119 crore in the July–September quarter, compared to ₹154 crore in the same period last year. Meanwhile, revenue rose 6.4% year-on-year to ₹303 crore, up from ₹284.8 crore, reflecting steady performance in its core listing and advertising business.
Operationally, EBITDA came in at ₹87 crore, up 6.1% from ₹82 crore in the year-ago period. The EBITDA margin remained nearly unchanged at 28.7%, compared to 28.8% in Q2 FY24, suggesting controlled costs but limited margin expansion.
At the market open, Just Dial shares traded between ₹821 and ₹829, sharply lower from Friday’s close of ₹860.95. The company’s market capitalization stood at ₹69.82 billion, with a P/E ratio of 11.67.
The muted profit figures triggered a selloff among investors, even as revenue maintained consistent growth. The stock has now slipped close to its one-year low of ₹751.80, far below its 52-week high of ₹1,313.95.
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