Just Dial Limited Earnings Summary — Q4 FY2024

• Just Dial achieved its highest-ever quarterly Operating Profit Margin (OPM) at 26%, up significantly from 14% a year ago.
• Net Profit for the quarter reached ₹116 Crores, supported by a 47% year-on-year growth and robust other income of ₹91 Crores.
• Revenue from operations grew steadily to ₹270 Crores, maintaining a consistent upward trajectory over the last eight quarters.
• The board approved a significant leadership transition, appointing Dinkar Ayilavarapu as the new CEO effective August 1, 2026.
• The company continues to operate with a zero-dividend payout policy despite substantial growth in cash reserves and profits.
• Operational efficiency improved as quarterly expenses dropped slightly to ₹200 Crores while revenue expanded.
• Total comprehensive income for the quarter reached ₹114.2 Crores (adjusted for other comprehensive items).

Management remains focused on scaling its core 'Search and search related services' segment while optimizing the cost structure to sustain operating margins above 20%.

Improving

Margins have expanded aggressively over the past year (from 14% to 26%), and the transition to new leadership is being managed well in advance.

The outlook is positive driven by consistent double-digit revenue growth and significant operating leverage. The company's massive investment portfolio (₹4,608 Crores) ensures substantial 'Other Income' contributions to the bottom line.