Just Dial Latest Updates

Financial Performance Just Dial reported a consolidated net profit of ₹100 crore for Q4 FY26, representing a 36.5% year-on-year (YoY) decline from ₹157.6 crore in the same period last year. For the full financial year 2026, net profit slipped 15% YoY to ₹497 crore. The decline was largely attributed to a 55.2% drop in "other income" due to rising bond yields impacting treasury mark-to-market (MTM) gains, along with a one-time exceptional expense of ₹211 crore related to labor code changes. Operational Traffic and Listings The platform's total traffic (unique visitors) for the quarter stood at 182.4 million, a 4.7% YoY decrease. Mobile platforms continue to dominate, accounting for 85.7% of all traffic, followed by desktop at 11.5%. Despite the dip in visitors, total active listings grew 12.1% YoY to 54.7 million, with the company successfully adding approximately 1.9 million listings during the quarter. Revenue and AI Integration Operating revenue for Q4 rose 6.2% YoY to ₹307.2 crore, while full-year revenue reached ₹1,213.9 crore. The company is increasingly pivoting toward an AI-driven model; management highlighted progress in integrating "agentic AI" into sales workflows and content management. These AI-led tools are designed to automate merchant interactions and improve the scalability of their digital presence management. Leadership and Market Context The company announced the resignation of its long-serving Chief Financial Officer (CFO), Abhishek Bansal, effective April 15, 2026, after a 12-year tenure. Just Dial, which is controlled by Reliance Retail Ventures, saw its stock experience significant volatility following the results, trading around the ₹540–₹550 level in late April, down from its 52-week high of ₹1,048 set a year prior.