• Invest
    Investment Suite
    Stocks
    Mutual Funds
    Future and Options
    IPO
    Exchange Traded Funds
    Commodity
    Stockcase (Stock Baskets)
    Currency
    Non Convertible Debentures
    Sovereign Gold Bond
    Exclusive
    NRI Account
    Private Client Group
    Features
    SipIt
    MTF
    Investment Suite
    Exclusive
    Features
  • Platform
    Product Suite
    Kotak Neo App & Web
    Nest Trading Terminal
    NEO Trade APIs
    Features and Tools
    MTF
    Securities Accepted as Collateral
    Margin Requirements
    Equity Screeners
    Payoff Analyzer
    Calculators
    SIP Calculator
    Lumpsum Calculator
    Brokerage Calculator
    Margin Calculator
    MTF Calculator
    SWP Calculator
    CAGR Calculator
    Simple Interest Calculator
    ELSS Calculator
    Step up SIP Calculator
    All Calculators
    Product Suite
    Features and Tools
    Calculators
  • Pricing
  • Research
    Research Calls
    Long Term calls
    Short Term calls
    Intraday calls
    Derivatives calls
    Pick of the week
    Top Monthly Picks
    Research Reports
    Fundamental Research Report
    Technical Research Report
    Derivative Research Report
    Research Calls
    Research Reports
  • Market
    Stocks
    Market Movers
    Large Cap
    Mid Cap
    Small Cap
    Indices
    Nifty 50
    Bank Nifty
    FinNifty
    Nifty Midcap India
    VIX
    All Indian Indices
    Mutual Funds
    SBI Mutual Funds
    HDFC Mutual Funds
    Axis Mutual Funds
    ICICI Prudential Mutual Funds
    Nippon India Mutual Funds
    All AMC's
    IPO
    Upcoming IPO
    Current IPO
    Closed IPO
    Recently Listed IPO
    Stocks
    Indices
    Mutual Funds
    IPO
  • Learn
    Resource
    Market Ready
    Kotak Insights
    Infographic
    Podcast
    Webinars
    Youtube Channel
    Quarterly Results
    Investing Guide
    Demat Account
    Trading Account
    Share Market
    Intraday Trading
    IPO
    Mutual Funds
    Commodities
    Currency
    Futures & Options
    Derivatives
    Margin Trading
    Events
    Budget 2024
    Muhurat Trading
    Share Market Holiday
    Market Outlook 2024
    Resource
    Investing Guide
    Events
  • Partner
    Business Associates
    Fund Expert
    Kotak Connect Plus
    Startup connect
  • Support
    FAQs
    Circulars
    Bulletins
    Contact Us
    Forms Download
    Get your Statement

IndiaMart InterMesh’s Q4FY24 Quarter Results

IndiaMart InterMesh’s revenue grew 31% YoY
  • 03 May 2024
Read Full Article >
  • IndiaMart InterMesh reported 13% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended March (Q4FY24). On a year-on-year (YoY) basis, it witnessed a growth of 31%.
  • Its expenses for the quarter were up by 5% QoQ and 13% YoY.
  • The net profit grew 22% QoQ and grew 78% YoY.
  • The earnings per share (EPS) of IndiaMart InterMesh stood at 16.6 during Q4FY24.

IndiaMart InterMesh’s Financial Statements for Q4FY24:

(Rs crores) Q4FY23 Q3FY24 Q4FY24 QoQ (%) YoY (%) Total income 300 347 392 13% 31% Total expenses 213 230 241 5% 13% Profit before tax 76 110 139 27% 84% Tax 20 28 40 43% 99% Profit after tax 56 82 100 22% 78% Earnings per share 18.3 13.6 16.6

Key Highlights:

  • Healthy Cash Flow: Cash generated from operations reached Rs 260 crore in Q4 and Rs 559 crore for the whole year. Customer collections grew by 16%.

  • Dividend: The company's Board has also recommended a final dividend of Rs 20/- per equity share of face value of Rs. 10/- each for FY24.

Management commentary :

  • CEO Dinesh Agarwal expressed satisfaction with the steady growth across revenue, profits, and cash flow.

  • Focus on Online Growth Strategy: The company remains committed to enabling businesses through a great product and customer experience to expand their online presence.

  • Confidence in the Future: Strong cash flow and continued investments position IndiaMart for sustained profitable growth, leveraging rising internet adoption among businesses.

Data Source: BSE, Company announcements

Disclaimer: The content of this post is intended solely for educational purposes and should not be regarded as financial advice. Past performance is not indicative of future results. The securities and assets mentioned serve purely as illustrations only and should not be taken as recommendations for investment. Please note that the information presented is compiled from several sources available on the internet. We strongly advise consulting with a qualified financial advisor prior to making any investment decisions. Read the full disclaimer here.

Open Demat Account
+91 -

personImage
Open Demat Account
+91 -

N
N
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]