IndiaMart Q1FY24 Results: Consolidated PAT of Rs. 83.1 Cr

IndiaMart Q1FY24 Results: Consolidated PAT of Rs. 83.1 Cr

IndiaMart Q1 results show revenue up from 299.5 crores to 339.2 crores, a 13.26% increase in growth. EPS rise from ₹9.14 to ₹13.57, up by 48.47%.

First, Let’s Begin with Quarter-on-Quarter Basis:

IndiaMart shared its Q1 results on Thursday. They earned 339.2 crores in revenue this quarter, but that’s more than the 299.5 crores they made last quarter. The company’s growth increased by 13.26 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 83.1 crores, up from 55.8 crores in the previous quarter. Their quarter-to-quarter growth increased by 48.92 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹13.57, which is an increase of 48.47% from the ₹9.14 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 339.2 crores this year (2023), which is 50.35 percent higher than last year’s total revenue of 225.6 crores.

This year’s PAT (Profit After Tax) is 83.1 crores, which is also 77.94% higher than last year’s PAT of 46.7 crores.

The EPS (Earnings Per Share) for this year is ₹13.57, which is 78.55% more than the EPS of ₹7.60 earned last year.

Also Read: United Spirits Q1FY24 Results: Consolidated PAT Rises to Rs. 476.7 Cr

IndiaMart Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About IndiaMart:

IndiaMART InterMESH Ltd, headquartered in Noida, is an Indian e-commerce company that runs a web portal providing services for both B2B and customer-to-customer sales. Their platform acts as a bridge, connecting Indian manufacturers with buyers seeking B2B solutions.

Download the Full PDF of IndiaMart Q1 Results: Click Here

For more of the Latest News, Click Here

Leave a Reply

Your email address will not be published. Required fields are marked *