December 2020 \ Business & Investment \
Rs 70 crore Q2 profit for Indiamart Intermesh

Indiamart Intermesh in November ...

  • CEO Dinesh Agarwal

Indiamart Intermesh in November reported an 8-fold increase in its net profit for the July-September quarter at Rs 70 crore. During the same period last fiscal, the company had reported a net profit of Rs 9 crore.

Its total revenue from operations rose 4 per cent on a year-on-year basis to Rs 163 crore for the the second quarter of FY21, supported by marginal improvement in realization of existing customers and increase in number of paying subscription suppliers amidst the ongoing Covid-19 pandemic.