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IndiaMART lnterMESH’s Q2FY23 Quarter Results

IndiaMART lnterMESH’s revenues grew 34% YoY
  • 20 Oct 2022
  • IndiaMART lnterMESH reported 27% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 34%.
  • Its expenses for the quarter were up by 9% QoQ and 78% YoY.
  • The net profit increased by 46% QoQ and decreased 17% YoY.
  • The earnings per share (EPS) of IndiaMART stood at 22.4 during Q2FY23.

IndiaMART lnterMESH’s Financial Statements for Q2FY23:

(Rs, crores) Q2FY21 Q1FY22 Q2FY22 QoQ (%) YoY (%)
Total Income
214
226
287
27%
34%
Total Expenses
103
168
184
9%
78%
Profit before tax
109
51
93
83%
-15%
Tax
70
88
82
-6%
18%
Profit after tax
82
47
68
46%
-17%
Earnings per share
27.1
15.3
22.4

Data Source: BSE, Company announcements

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