Indiamart Intermesh Q4 Results Live : profit rise by 78.04% YOY
Indiamart Intermesh Q4 Results Live : Revenue increased by 17.1% YoY & profit increased by 78.04% YoY
Indiamart Intermesh Q4 Results Live : Indiamart Intermesh declared their Q4 results on 30 Apr, 2024, with the topline increasing by 17.1% and the profit by 78.04% YoY.
In comparison to the previous quarter, the revenue saw a growth of 3.09% and the profit increased by 21.72%.
The Selling, general & administrative expenses showed a significant decline of 32.01% q-o-q and 26.05% Y-o-Y.
Operating income was down by 2.12% q-o-q but saw an increase of 31.37% Y-o-Y.
The EPS for Q4 is ₹16.58, marking an 81.79% Y-o-Y increase.
As of 02 May, 2024, out of 17 analysts covering the company, 3 analysts rated it as Strong Sell, 1 as Sell, 2 as Hold, 3 as Buy, and 8 as Strong Buy.
The consensus recommendation as of 02 May, 2024, was to Buy.
Furthermore, the company has announced a final dividend of ₹20.0 with the ex-dividend date set for 07 Jun, 2024.
Indiamart Intermesh Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 314.7 | 305.26 | +3.09% | 268.74 | +17.1% |
| Selling/ General/ Admin Expenses Total | 148.9 | 219.02 | -32.01% | 201.35 | -26.05% |
| Depreciation/ Amortization | 12.7 | 8.33 | +52.5% | 8.55 | +48.47% |
| Total Operating Expense | 239 | 227.92 | +4.86% | 211.11 | +13.21% |
| Operating Income | 75.7 | 77.34 | -2.12% | 57.62 | +31.37% |
| Net Income Before Taxes | 139.1 | 109.53 | +27% | 75.62 | +83.95% |
| Net Income | 99.6 | 81.83 | +21.72% | 55.94 | +78.04% |
| Diluted Normalized EPS | 16.58 | 13.58 | +22.13% | 9.12 | +81.79% |
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