Indiamart Q2 net profit up 9.8% at ₹90.7 cr, revenue rises to ₹428.64 cr

Indiamart International has reported a 9.8% rise in its net profit for the second quarter, reaching ₹90.7 crore. The company's total income also grew by 4.95% to ₹428.64 crore. This performance indicates that the online B2B marketplace is maintaining steady operational momentum despite a challenging economic environment.
For investors, this shows that the company's core business model continues to generate consistent cash flow. The growth in revenue, while moderate, suggests that the platform remains a preferred destination for small and medium enterprises looking to buy and sell goods. It highlights the company's ability to scale its operations effectively.
Investors should watch for any updates on the company's user acquisition costs and the overall health of the SME sector. Future earnings will depend on how well Indiamart can retain its user base and adapt to changing market conditions. Keeping an eye on quarterly user engagement metrics will be key to understanding the platform's long-term potential.
Excerpt from BusinessLine
Indiamart Intermesh Ltd on Tuesday reported a 9.8 per cent year-on-year increase in consolidated net profit to ₹90.7 crore for the September quarter. The B2B e-commerce company had posted a net profit of ₹82.64 crore during the July-September period a year ago, according to a regulatory filing. Its revenue from…Read the original at BusinessLine
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