MUMBAI: If quarterly results were a missed call alert, Truecaller’s would be marked “important.” Truecaller has dialled into success once again, with its January–March 2025 quarter ending on a high note further cementing its reputation as the go-to app for caller verification and spam blocking. The company reported a 14 per cent year-on-year rise in net sales in India, with global revenues also making all the right noises.
Worldwide net sales surged 16 per cent to 51.2 million dollars, up from 44 million dollars in Q1 2024. Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA), excluding incentive costs, jumped 22 per cent to 20.4 million dollars, translating to a healthy 40 per cent margin.
However, when incentive programme costs were factored in, EBITDA dipped slightly by 1 per cent to 15.3 million dollars. Profit after tax saw a drop from USD 13.7 million to USD 10.4 million.
Where Truecaller truly rang loud was in user growth and business services. The platform’s active monthly users (non-iOS) grew by nearly 53 million, hitting a total of 411.9 million. Premium subscriptions surged 40 per cent, while Truecaller for Business racked up a 60 per cent jump in revenue led by strong gains in both Verified Business and Business Messaging segments.
India remains the biggest market, clocking a 14 per cent growth, followed by the Middle East and Africa at 29 per cent, and the rest of the world at 19 per cent.
As spam continues to plague digital communication, Truecaller appears to be not just answering the call, but leading the charge with a business model that blends user trust, tech innovation and timely monetisation.