Shares of IndiaMART InterMESH hit an over three-month low at Rs 7,220, down 6.6 per cent on the BSE in intra-day trade on Tuesday. The scrip has declined 18 per cent in three days following the announcement of its March quarter (Q4FY21) results on Thursday, April 29. The stock was trading at its lowest level since January 7. IndiaMART s, India s largest online B2B marketplace for business products and services, consolidated net profit during the quarter declined 31 per cent to Rs 56 crore over the December quarter (Q3FY21). Total income was down 4 per cent quarter on quarter (QoQ) at Rs 190 crore as against Rs 198 crore in the previous quarter. Earnings before interest, taxes, depreciation and amortization (Ebitda) margins contracted 300 basis points (bps) QoQ to 48 per cent due to an increase in manpower and outsourced sales cost.