Indiamart s net profit rises 19% to Rs 88 crore in Q1
Revenue from operations rose 19 per cent to Rs 182 crore during the reported period, compared to Rs 153 crore in the corresponding quarter of 2020-21 Shares of Indiamart closed at Rs 7,010.7 apiece, down by 0.43 per cent, on BSE PTI
Updated Jul 23, 2021, 7:52 AM IST
B2B e-commerce platform Indiamart Intermesh on Thursday posted a 19 per cent increase in consolidated net profit at Rs 88 crore for the quarter ended June 30, 2021.
The company had posted a net profit of Rs 74 crore in the same period a year ago. We have been able to navigate the disruptions caused by the second wave of COVID, much better than the last year and have sustained a profitable growth in this quarter.
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