Reliance's Just Dial Hits New Heights with 43% Surge in Net Profit

Just Dial, a subsidiary of Reliance Retail Ventures, posted a net consolidated profit of Rs 131 crore in Q3 FY2024-25, witnessing a whopping growth of 42.7% over the last year's figure of Rs 92.01 crore. This significant growth demonstrates the company's robust performance with total revenue reaching Rs 287.33 crore, which is an 8.4% increase. The EBITDA saw a 43.4% growth as well, further underlining the fact that Just Dial is indeed doing well in the market, courtesy of Mukesh Ambani. Despite the above healthy performance, shares plummeted 3.83% on the NSE to close at Rs 1,034. 

 

Source: DNA