IndiaMART InterMESH Q1FY23 Quarter Results

IndiaMART reported 7% YoY revenue growth
  • 21 Jul 2022
  • IndiaMART reported 2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 7%.
  • Its expenses for the quarter were up by 13% QoQ and 72% YoY.
  • The net profit decreased by 19% QoQ and 47% on a YoY basis.
  • The earnings per share (EPS) of IndiaMART stood at 15.3 during Q1FY23.

IndiaMART InterMESH’s Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income
211
231
226
-2%
7%
Total Expenses
98
148
168
13%
72%
Profit before tax
112
77
51
-34%
-55%
Tax
24
19
4
-79%
-83%
Profit after tax
88
57
47
-19%
-47%
Earnings per share
29.0
18.8
15.3

Data Source: BSE, Company announcements

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