Just Dial Q3 Net Profit Declines 10% Amid Revenue Growth and Exceptional Expense

Just Dial reported a 10.2% year-on-year decline in net profit to Rs 118 crore for Q3 FY26, attributed to a higher effective tax rate and a one-time exceptional expense of Rs 21.1 crore related to new labour code adjustments. Despite this, operating revenue grew 6.4% to Rs 305.7 crore, with EBITDA rising 9.6% and margin expanding to 31.2%. JM Financial maintained a 'Buy' rating, citing attractive valuations and potential dividend yield, while the stock showed modest gains amid mixed earnings.