This company records 61% jump in profit, Mukesh Ambani owns over 50000000 shares, company is…, works in…

Mukesh Ambani, richest man of India, has been earning profits from one of his companies, which reported strong growth in both its quarterly and yearly earnings. According to the recent updates, the co

Mukesh Ambani, richest man of India, has been earning profits from one of his companies, which reported strong growth in both its quarterly and yearly earnings. According to the recent updates, the company, owned by Mukesh Ambani, announced its financial results for the January to March period (Q4 FY2025) as well as for the full financial year that ended on March 31, 2025.

As per the Live Hindustan report, Just Dial, the local search engine, has revealed its financial results for the March quarter. For the final quarter of the fiscal year 2024-25, the company’s net profit surged by 61%, reaching Rs 584.2 crore, up from Rs 157.6 crore in the same period last year. Just Dial reported that its total revenue for the fiscal year 2024-25 rose by 9.5%, amounting to Rs 1,141.9 crore. In the March quarter alone, the company’s revenue increased by 7%, reaching Rs 289.2 crore. Furthermore, the platform also saw a remarkable 11.8% growth in its visitor numbers, setting a new record of 19.13 crore.

According to Shwetank Dixit, the CEO and Chief Development Officer of Just Dial, the company has seen considerable growth in terms of users, merchants, and shareholders as it enters the fiscal year 2026. He highlighted that the confidence in these areas is stronger than ever, with the fiscal year 2025 being marked as a historic year for the company, reported Live Hindustan.

As of December 2024, the data reveals that the promoters hold 74.15% of the shares, while public shareholders own 25.85%. Among the promoters, Mukesh Ambani’s company, Reliance Retail Ventures Limited, holds 63.84% with 5,42,89,574 shares, the report mentioned. Public shareholders include mutual funds such as DSP Small Cap Fund and Nippon Life India Trustee Limited, A/C Nippon India Small Cap Fund.

Speaking about Just Dial’s shares, the current price stands at Rs 920.60. On Thursday, the stock closed 0.41% higher compared to the previous day. However, due to Good Friday, there was no trading on Friday. Investors are now looking forward to Monday’s session, where they will closely observe the movement of Just Dial’s stock. It’s important to note that on April 7, 2025, the stock had reached its 52-week low at Rs 700.