Just Dial shares locked at the 20% upper circuit on Monday after the company delivered an impressive set of Q1 FY27 results, triggering heavy buying interest across the market. The stock climbed to ₹676.85 from its previous closing price of ₹564.05, making it one of the biggest gainers of the trading session.

For the quarter ended June 30, 2026, Just Dial reported revenue from operations of ₹327.5 crore, marking a 9.9% year-on-year growth and a 6.6% sequential increase. Net profit came in at ₹166.3 crore, rising 4.1% compared to the same quarter last year. On a quarter-on-quarter basis, profit jumped 66.2% from ₹100 crore in Q4 FY26, reflecting significant improvement in profitability.

The company posted EBITDA of ₹87.4 crore with an EBITDA margin of 26.7%, while profit before tax stood at ₹206.6 crore. Just Dial also maintained a strong financial position with cash and investments of ₹6,022.1 crore, providing ample resources for future expansion and technology investments.

Operational performance remained robust as active business listings increased to 56.1 million, up 13% year-on-year. Quarterly unique visitors reached 192.9 million, with mobile devices contributing 86.5% of the platform's total traffic. Paid campaigns grew to 639,200, reflecting continued demand from businesses using the platform.

The board also announced important leadership changes, appointing Dinkar Ayilavarapu as the new Chief Executive Officer effective August 1, 2026, while Dinesh Taluja was named the new Chief Financial Officer. Investors welcomed the management transition along with the company's consistent financial performance.

Strong quarterly earnings, improving operational metrics, robust cash reserves, and optimism surrounding future AI-driven initiatives fueled aggressive buying throughout the session, pushing the stock to its 20% upper circuit. Market participants will now closely watch the company's execution under its new leadership and its ability to sustain growth in the coming quarters.