{"id":149481,"date":"2023-07-20T09:40:29","date_gmt":"2023-07-20T13:40:29","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149481"},"modified":"2023-07-20T09:40:30","modified_gmt":"2023-07-20T13:40:30","slug":"indiamart-intermesh-limited-q1-fy24-net-profit-jumped-by-78","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indiamart-intermesh-limited-q1-fy24-net-profit-jumped-by-78\/","title":{"rendered":"Indiamart Intermesh Limited Q1 FY24; Net Profit Jumped By 78%"},"content":{"rendered":"<p>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.<\/p>\n<p><strong>Financial Results: <\/strong><\/p>\n<ul>\n<li>Indiamart Intermesh Ltd reported Revenues for Q1FY24 of \u20b9339.2 Crores up from \u20b9225.6 Crore year on year, a rise of 50.3%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9214.4 Crores up from \u20b9167.9 Crores year on year, a rise of 27.7%.<\/li>\n<li>Consolidated Net Profit of \u20b983.1 Crores up 76.6% from \u20b946.7 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b913.57, up 77.8% from \u20b97.60 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/4a80e55f-d46a-4abb-9d31-f043e03285a3-1-841x1024.png\" alt=\"\" class=\"wp-image-149483\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/4a80e55f-d46a-4abb-9d31-f043e03285a3-1-841x1024.png 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/4a80e55f-d46a-4abb-9d31-f043e03285a3-1-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/4a80e55f-d46a-4abb-9d31-f043e03285a3-1-768x935.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/4a80e55f-d46a-4abb-9d31-f043e03285a3-1-1261x1536.png 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/4a80e55f-d46a-4abb-9d31-f043e03285a3-1-1681x2048.png 1681w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8259],"class_list":["post-149481","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-ecommerce"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":173293,"url":"https:\/\/alphastreet.com\/india\/indiamart-intermesh-q3-fy26-earnings-results\/","url_meta":{"origin":149481,"position":0},"title":"Indiamart Intermesh Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 22, 2026","format":false,"excerpt":"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, constantly pushing the frontiers of innovation to make the online marketplace\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IND.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IND.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IND.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IND.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IND.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IND.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":165030,"url":"https:\/\/alphastreet.com\/india\/indiamart-intermesh-ltd-q2fy25-96-rise-in-profits\/","url_meta":{"origin":149481,"position":1},"title":"Indiamart Intermesh Ltd Q2FY25; 96% rise in Profits","author":"Divyansh_Kasana","date":"October 22, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-110.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-110.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-110.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-110.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-110.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-110.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162874,"url":"https:\/\/alphastreet.com\/india\/indiamart-intermesh-ltd-q4fy24-79-rise-in-profits\/","url_meta":{"origin":149481,"position":2},"title":"Indiamart Intermesh Ltd Q4FY24; 79% rise in Profits","author":"Divyansh_Kasana","date":"July 9, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-71.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-71.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-71.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-71.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-71.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-71.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155632,"url":"https:\/\/alphastreet.com\/india\/indiamart-intermesh-ltd-q2fy24-12-rise-in-profits\/","url_meta":{"origin":149481,"position":3},"title":"Indiamart Intermesh Ltd Q2FY24; 12% rise in Profits","author":"Hardik Bhandare","date":"November 1, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-15.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-15.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-15.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-15.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-15.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-15.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144449,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-indiamart-intermesh-for-q4-fy23\/","url_meta":{"origin":149481,"position":4},"title":"Earnings Summary Of IndiaMART InterMESH For Q4 FY23","author":"Hardik Bhandare","date":"April 28, 2023","format":false,"excerpt":"IndiaMART InterMESH is a leading online B2B marketplace in India that connects buyers and suppliers in various industries. The company operates on a commission-based model and earns revenue through commissions on successful transactions and advertising revenue. IndiaMART InterMESH has a diverse customer base that includes small and medium-sized businesses, large\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-6-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143481,"url":"https:\/\/alphastreet.com\/india\/indiamart-intermesh-companys-organisational-strengthening-efforts\/","url_meta":{"origin":149481,"position":5},"title":"Indiamart Intermesh Ltd: Revolutionizing the Online Marketplace and Empowering Small Businesses Across India","author":"Hardik Bhandare","date":"March 30, 2023","format":false,"excerpt":"\u201cAs I've been guiding that we will, on a longer-term basis look forward to 8,000 plus customer addition per quarter, which is about 33,000 - 32,000 in a year. And this particular quarter, it was a one-off because there was Dussehra, Diwali in the same month. 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