Are Just Dial latest results good or bad?

Just Dial has reported its financial results for the quarter ending March 2025, showcasing a net sales figure of Rs 289.20 crore, which is the highest quarterly sales recorded in the last five quarters. This marks a consistent growth trend over this period. The company's Profit Before Tax (PBT) is reported at Rs 70.88 crore, reflecting a year-on-year growth of 26.44%. Additionally, the Profit After Tax (PAT) has reached Rs 157.60 crore, also the highest in five quarters, with a significant year-on-year increase of 36.3%. The Earnings per Share (EPS) has risen to Rs 18.53, indicating enhanced profitability for shareholders.
However, it is important to note that Just Dial faces challenges, particularly concerning its business model sustainability. A significant portion of its PBT, 60.52%, is derived from non-operating income, which raises questions about the long-term viability of its operational performance.

The company has experienced an adjustment in its evaluation over the last three months, reflecting a shift in performance metrics.

In summary, while Just Dial has achieved notable sales and profit figures, the reliance on non-operating income and the recent changes in evaluation suggest that there are underlying concerns that may need to be addressed moving forward.