Profit Plunges 39% YoY To INR 83 Cr

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SUMMARY

On a sequential basis, profit plunged 47% from INR 151.3 Cr

The company’s profit declined despite a 13% YoY and 5% QoQ increase in operating revenue to INR 391 Cr during the quarter under review

Expenses surged 21% YoY and 9% QoQ to INR 269.2 Cr

B2B ecommerce company IndiaMART InterMESH’s consolidated net profit crashed 39% to INR 82.7 Cr in Q2 FY26 from INR 134.5 Cr in the year-ago quarter due to fall in margins. On a sequential basis, profit plunged 47% from INR 151.3 Cr.

The company’s profit declined despite…



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Profit Plunges 39% YoY To INR 83 Cr


SUMMARY

On a sequential basis, profit plunged 47% from INR 151.3 Cr

The company’s profit declined despite a 13% YoY and 5% QoQ increase in operating revenue to INR 391 Cr during the quarter under review

Expenses surged 21% YoY and 9% QoQ to INR 269.2 Cr

B2B ecommerce company IndiaMART InterMESH’s consolidated net profit crashed 39% to INR 82.7 Cr in Q2 FY26 from INR 134.5 Cr in the year-ago quarter due to fall in margins. On a sequential basis, profit plunged 47% from INR 151.3 Cr.

The company’s profit declined despite…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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