SUMMARY
IndiaMART InterMESH’s net profit in Q4 FY24 rose 23% on a QoQ basis from INR 81.9 Cr
Operating revenue rose 17% to INR 314.7 Cr during the quarter under review from INR 268.8 in Q4 FY23
The company’s board also approved a dividend of INR 20 per share for the financial year 2023-24
B2B marketplace indiamart
InterMESH on Tuesday (April 30) reported an over 78% increase in its consolidated net profit for the quarter ended March 31, 2024 (Q4 FY24) at INR 99.6 Cr from INR 55.8 Cr in the year-ago quarter.
On a quarter-on-quarter (QoQ) basis, profit rose 23% from INR 81.9 Cr.
Operating revenue rose 17% to INR 314.7 Cr during the quarter under review from INR 268.8 in Q4 FY23.
The company’s board also approved a dividend of INR 20 per share for the financial year 2023-24 (FY24).
(The story will be updated soon.)
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