Indiamart Intermesh Ltd's Q4FY25 Quarterly Results

Result Summary

• Indiamart Intermesh Ltd reported a 1.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 30.9%.
• Its expenses for the quarter were up by 6.7% QoQ and 13.0% YoY.
• The net profit decreased 17.7% QoQ and increased 78.5% YoY.
• The earnings per share (EPS) of Indiamart Intermesh Ltd stood at 16.6 during Q4FY25.

Financial Statments for Q4FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Indiamart Intermesh Ltd is a prominent Indian company operating in the e-commerce sector. It is known primarily for providing a robust online platform that connects buyers and suppliers across various industries. The company's business model primarily revolves around offering a digital marketplace, which facilitates business-to-business (B2B) transactions. Through its platform, Indiamart offers a wide range of products and services, including industrial supplies, machinery, consumer electronics, apparel, and more. The company has been instrumental in digitizing commerce for small and medium enterprises (SMEs) in India, thereby broadening their market reach. While specific recent developments are not detailed in the provided data, Indiamart has been active in optimizing its platform for better user experience and expanding its service offerings to enhance its market position.

Revenue

In Q4FY25, Indiamart Intermesh Ltd reported a total income of ₹391.90 crores, which marks a decrease of 1.8% compared to the previous quarter (Q3FY25), where the total income was ₹399.20 crores. However, when examining the year-over-year performance, the total income increased by 30.9% from ₹299.50 crores in Q4FY24. This significant annual growth suggests an increase in the company's revenues over the past year. The quarterly decline in revenue might be attributed to seasonal variations or market conditions impacting the quarter's performance. Nonetheless, the company's ability to achieve substantial year-over-year growth reflects its expanding business activities and possibly increased engagement on its platform.

Profitability

The profitability metrics for Indiamart Intermesh Ltd show varied performance. In Q4FY25, the company achieved a profit before tax (PBT) of ₹150.70 crores, which represents a decrease of 12.9% from the previous quarter's PBT of ₹173.10 crores. However, the year-over-year comparison highlights a 75.0% increase from the Q4FY24 PBT of ₹86.10 crores. The tax expense for Q4FY25 was ₹39.50 crores, up by 3.9% QoQ and 99.5% YoY, indicating a higher tax burden in line with increased profits. The profit after tax (PAT) for Q4FY25 stood at ₹99.60 crores, showing a decline of 17.7% QoQ from ₹121.00 crores but a remarkable rise of 78.5% YoY from ₹55.80 crores in Q4FY24. These figures underscore substantial improvements in annual profitability, despite the quarterly decline.

Operating Metrics

Examining the operating metrics, Earnings Per Share (EPS) for Q4FY25 was ₹16.60, reflecting a decrease of 17.4% from the previous quarter's EPS of ₹20.10. Compared to Q4FY24, the EPS decreased by 9.3% from ₹18.30. This decline in EPS, both quarterly and annually, may indicate changes in the company's share count or profit distribution policies. Total expenses for Q4FY25 were reported at ₹241.20 crores, which increased by 6.7% QoQ from ₹226.10 crores and by 13.0% YoY from ₹213.40 crores. The rise in expenses, particularly year-over-year, suggests increased operational activity or investment in business areas to support growth. These metrics provide insights into the company's cost management and operational efficiency over the reviewed periods.