Indian search engine platform Justdial, owned by Reliance Retail, reported a 42.7% year-on-year increase in net profit for Q3 FY25, reaching 131.50 crore rupees (around US$15.2 million).

However, this was a 14.3% decline from the previous quarter’s profit of 153.52 crore rupees (around US$17.8 million).

The company’s net revenue was 287.33 crore rupees (around US$33.3 million), an 8.4% increase from the same period last year and a 0.9% rise from the previous quarter.

Justdial also achieved its highest-ever quarterly revenue, with a total income of 364.74 crore rupees (around US$42.3 million), including 77.41 crore rupees (around US$8.9 million) in other revenues.

EBITDA grew by 43.4% year-on-year to 86.6 crore rupees (around US$10 million), and the EBITDA margin improved to 30.1%, with platform traffic increased by 15.3% year-on-year but fell 3.5% from the previous quarter.

The company’s total expenses decreased slightly by 1.6% year-on-year, while shares closed 3.75% lower at 1,034.60 rupees (around US$12).