IndiaMART InterMESH shares drop 10% post Q3 results, with brokerages downgrading stock due to subscriber churn concerns.
Revenue increased by 16.06% YoY & profit increased by 47.87% YoY, profit at ₹121 crore and revenue at ₹354.27 crore.
IndiaMART InterMESH shares plummeted 9.99 per cent to hit a 52-week low of Rs 2,064.10 per share, on Wednesday, January 22, ...
Indiamart Intermesh shares fell 10% to a 25-month low of ₹2,065.40 after brokerages downgraded their ratings due to a decline ...
Results: Sequentially, the companys revenue increased by 1.6% to Rs 337 crore from Rs 332 crore in Q2FY25, while profit after ...
Online B2B marketplace IndiaMART has announced robust financial results for the third quarter ending December 31, 2024.
For the December quarter, IndiaMART reported a decline in its paying subscribers, a metric that declined by 3,715 compared to ...
On a sequential basis, revenue increased by 1.6%, rising from Rs 332 crore in the July-September quarter. However, profit ...
IndiaMart continued to report elevated churn in the silver category despite last six quarters of efforts, said Nuvama ...
The B2B marketplace reported a 10.4% sequential decline in net profit, posting INR 121 Cr in Q3 FY25 compared to INR 135.1 Cr ...
The management’s guidance of sub-10 percent growth in collections for upcoming quarters and the absence of meaningful ...
In the corresponding quarter of the previous fiscal, Indiamart Intermesh posted a net profit of ₹82 crore, the company said ...