Justdial reports Highest ever revenue in FY 24 with 23% YoY growth
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Justdial, India’s no.1 hyperlocal business search engine, reported its highest ever revenue of ?1,043 Cr. in FY24, marking a impressive 23% YoY growth. Founded in 1996, Justdial continues to expand its reach and influence, and provide digital presence to more than 43 million small and medium businesses of the country.
Leveraging effective cost management strategies, Justdial reported a commendable Operating EBITDA of ?216 Cr., showcasing an impressive 152% YoY growth. This resulted in the company’s highest ever net profit of ?362.8 Cr., reflecting a substantial 123% YoY upsurge. These stellar financial results show growing faith of businesses in Justdial as an engine of growth and also as India’s go-to local search platform for its 171 million users*.
To enhance user experience, Justdial has rolled out a refreshed app, mobile, and desktop interface, offering a more intuitive and seamless browsing experience. They are also leveraging AI to improve vendors’ interactions with their platform and provide valuable insights such as review summaries to assist them in decision making.
Justdial has launched various initiatives to both connect deeply with vendors, as well improve their experience on the platform. In line with Justdial’s commitment to celebrating SME’s exceptional growth and contribution to the Indian economy, they hosted Justdial Business Excellence Awards in 7 growing cities of India. The awards recognize local vendors who are at the forefront of leveraging digital platforms for growth of SMEs. On the product front, the revamped leads dashboard provides vendors with streamlined access to valuable insights. A new self-sign-up gives vendors the option to seamlessly purchase Justdial plans.
Justdial’s growth is a testament to the company’s unwavering commitment to providing top-notch services and generating value for local businesses in India. Positioned for ongoing expansion and prosperity, Justdial persistently leads the way in driving innovations and continue to serve growth engine of Businesses across India.
Shwetank Dixit, Chief Growth Officer, Justdial, said, “Justdial’s financial performance this year reflects our continued focus on innovation and user satisfaction. This financial momentum demonstrates the effectiveness of our strategic initiatives and the resilience of our business model in providing the best possible digital solutions for our users and clients. Looking ahead, we are actively exploring new growth avenues, leveraging cutting-edge technologies to further enhance our platform’s capabilities and expand our user base. We are confident that Justdial is well-positioned to capitalize on the growing digital landscape in India, and we look forward to delivering even greater value to our shareholders in the quarters to come.”
For further details and a comprehensive breakdown of Justdial’s initiatives and achievements, please refer to their investor relations page or reach out to their media relations team.
