IndiaMART Q2 Profit Rises 9.8% to Rs 90.7 Crore
IndiaMART InterMESH reported net profit of Rs 90.7 crore in the second quarter of FY27, up 9.8% year on year from Rs 82.6 crore. Revenue grew 10%, according to a media report.
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Motilal Oswal's research report on IndiaMARTIndiaMART (INMART) reported a 2QFY27 revenue growth of 9.6% YoY vs. our estimate of 7.4% YoY growth. Deferred revenue rose 16% YoY to INR20.3b. EBITDA margin expanded ~180bp QoQ to 37.1%, above our estimate of 34.2%. Adj. PAT was INR908m, up 9.4% YoY, bel…
B2B e-commerce platform IndiaMART InterMESH reported a 9.8 per cent year-on-year increase in net profit to Rs 90.7 crore in the second quarter of FY27, compared with Rs 82.6 crore in the corresponding quarter last year, as per a media report. However, profit declined 47.3 per cent sequentially from…