Rs 70 crore Q2 profit for Indiamart Intermesh
Indiamart Intermesh in November ...
CEO Dinesh Agarwal said: “As we navigate through these unprecedented times and a volatile environment, we are happy to report a moderate financial performance in this quarter. With the pick up in business activity and increasing realization for online adoption by the small and medium businesses, the company’s revenue and customers have shown a positive recovery trend and helped Indiamart to maintain healthy margins as well as cash-flows.”
“Our investments in the product over the last couple of years have strengthened the value proposition for our customers and hold us in good stead to leverage the emerging market opportunities in these tough times,” he added.