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Dialling up profits Justdial rings in a steady quarter
MUMBAI: If consistency had a caller tune, Justdial Limited would be playing it this quarter. The local search and listings major reported a solid set of unaudited results for the quarter ended December 31, 2025, with performance marked by steady revenues, disciplined costs and resilient profitability. Net revenue from operations for the quarter came in at Rs 305.7 crore, up from Rs 287.3 crore in the corresponding quarter last year, reflecting sustained demand across its services portfolio.
Including other income of Rs 84.6 crore, total income for the quarter stood at Rs 390.3 crore, compared with Rs 364.7 crore a year ago. Employee benefit expenses remained the largest cost head at Rs 179.1 crore, while total expenses were contained at Rs 223.6 crore, enabling the company to post a profit before tax of Rs 145.6 crore, after factoring in the impact of new labour codes amounting to Rs 21.1 crore.
Net profit for the quarter closed at Rs 117.9 crore, marginally lower than Rs 131.3 crore in the same period last year, largely due to higher tax provisions and the one-time labour code adjustment. Earnings per share for the quarter stood at Rs 16.35, compared with Rs 15.44 in the year-ago period, underlining steady shareholder returns.
For the nine months ended December 31, 2025, Justdial reported net revenue from operations of Rs 906.6 crore, up from Rs 852.7 crore in the corresponding period last year. Total income during the nine-month period rose to Rs 1,191.9 crore, while net profit stood at Rs 397.0 crore, compared with Rs 426.6 crore in the previous year period.
On a full-year basis, for the year ended March 31, 2025, the company had posted net revenue of Rs 1,141.9 crore and a net profit of Rs 584.2 crore, providing a strong base for the current financial year. Justdial’s balance sheet also remained robust, with other equity at Rs 4,521.5 crore, offering ample headroom for future investments and strategic flexibility.
While growth this quarter was measured rather than dramatic, the numbers suggest a business that continues to generate healthy cash flows and protect margins in a competitive digital listings market. For Justdial, it may not have been a flashy quarter, but it was one where the fundamentals stayed firmly connected.
eNews
Piyush Thakur steps down as Inshorts’ chief revenue officer
Former vice president and cro says exit marks a new chapter after close to a decade of building revenue and partnerships at Inshorts Group.
NOIDA: Piyush Thakur has stepped away from Inshorts Group after nearly 10 years with the company, marking the end of a long tenure that culminated in his role as chief revenue officer.
In a farewell note, Thakur said he was “turning a new page” after almost a decade at Inshorts, calling it one of the hardest professional decisions he has made. He added that his exit was not driven by uncertainty about the future, but by reflection on a long association with the company.
Thakur joined Inshorts in October 2016 as vice president and spent around seven years in the role before being elevated to chief revenue officer in April 2024, a position he held until April 2026.
He said his tenure was defined by “thousands of mornings, late nights, product debates and breakthrough moments”, as the company evolved into a large-scale digital news platform used by millions.
In his note, Thakur emphasised that Inshorts’ growth was a collective effort across teams, adding that engineers, designers, sales teams and customer support staff all contributed to building the platform. He said the company’s success was not the result of individuals but of “everyone who stayed, passed through, and left their mark”.
Before Inshorts, Thakur worked across several digital media and business development roles. At ESPN, he served as senior regional manager from October 2015 to October 2016, focusing on growth initiatives, strategic opportunities and video distribution.
At Times Internet, he worked for nearly three years, including as head of business development from April 2015 to September 2015 and chief manager from January 2013 to March 2015. His responsibilities included monetisation of mobile platforms, managing media and developer partnerships, and driving revenue across digital properties such as The Times of India and The Economic Times.
Earlier, he worked at Brandmovers as head of business development from June 2012 to June 2013, handling digital, mobile and social media marketing solutions, client development and strategic consulting. During this period, he also worked on advertising revenue, brand strategy and CRM-based solutions.
At Inshorts, Thakur’s role focused on revenue strategy, mobile and media partnerships, and growth initiatives across platforms. His profile highlights experience in mobile product management, digital business models, partner ecosystems and revenue expansion in high-growth environments.
