The company said it has ramped up hiring across critical functions such as technology, content, sales and marketing teams, which resulted in higher employee expenses. In sales department, headcount was up 26% QoQ. These investments should result in superior product offerings and higher monetization going forward, the company said.

Employee expenses rose 22.04% YoY and 10.76% QoQ to Rs 143.55 crore in Q4 March 2022.

Deferred revenue stood at Rs 338.1 crore, up 3.8% QoQ and 2.4% YoY. Sequential growth in deferred revenue was despite focus on monthly payment plans.

Total traffic (unique visitors) for the quarter stood at 144.8 million, up 12.2% YoY and 1.5% QoQ. 83.8% traffic originated on Mobile platforms, 12.1% on Desktop/ PC and 4% on our Voice platform.

Total active listings stood at 31.9 million as on March 31, 2022, an increase of 4.9% YoY and 1.7% QoQ. 524,816 listings were added (net) to the database during the quarter. Out of total listings, 18.5 million listings were geocoded as on 31 March 2022, up 6.8% YoY. Total Images in listings stood at 117.7 million, up 13.7% YoY and up 3.8% QoQ.

Total ratings & reviews stood at 129.4 million at the end of quarter, up 9.8% YoY.

Active paid campaigns at the end of quarter stood at 461,495, up 0.9% YoY and 5.5% QoQ. Robust paid campaigns addition of 24,160 for the quarter was led by aggressive focus on selling monthly payment plans.

Cash and Investments stood at Rs 3,820.1 crore as on 31 December 2021 compared to Rs 1,572.1 crore as on 31 March 2021 and Rs 3,769 crore as on 31 December 2021.

The company's net profit declined 66.93% to Rs 70.83 crore on 4.18% decline in net sales to Rs 646.95 crore in the year ended March 2022 over the year ended March 2021. Adjusted EBITDA (excl. ESOP expenses) slumped 89.7% YoY to Rs 19.7 crore in FY22.

Just Dial provides local search related services to users in India through multiple platforms such as Desktop/ PC website, mobile site, mobile apps (Android & iOS), over the telephone (Voice, pan India number 88888-88888) and text (SMS). Justdial's latest version of JD App, is an all-in-one app, replete with features like map-aided search, live TV, videos, stock quotes, etc.