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Indiamart Intermesh Ltd Q2FY24; 12% rise in Profits

IndiaMART, the first and largest B2B digital marketplace in the country, today stands out as a game-changer on the B2B landscape. It focuses on integrating the Small and Medium Businesses (SMEs) into the new paradigm with speed and ease, we are constantly pushing the frontiers of innovation to make the online marketplace more accessible, visible and engaging to them.

Financial Results:

  • Indiamart Intermesh Ltd reported Revenues for Q2FY24 of ₹281.00 Crores up from ₹229.00 Crore year on year, a rise of 22.71%.
  • Total Expenses for Q2FY24 of ₹206.00 Crores up from ₹170.00 Crores year on year, a rise of 21.18%.
  • Consolidated Net Profit of ₹83.00 Crores up 12.16% from ₹74.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹13.54, up 11.72% from ₹12.12 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Ecommerce
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