Internet Software & Services company IndiaMART InterMESH announced Q3FY25 results Standalone Financial Highlights: Revenue from Operations increased to Rs 337 crore as compared to Rs 291 crore last year representing a growth of 16%. The growth was primarily driven by improvement in realization from paying suppliers. Collections from Customer grew to Rs 341 crore for the quarter and Deferred Revenue as on December 31, 2024 increased to Rs 1,430 crore representing a YoY growth of 16%. EBITDA for the quarter was at Rs 144 crore representing margin of 43%. Net Profit for the quarter was at Rs 125 crore representing margin of 35%. Consoildated Financial Highlights: Revenue from Operations of Rs 354 crore as compared to Rs 305 crore in the corresponding quarter of last year, representing a growth of 16%. This includes IndiaMART Standalone Revenue of Rs 337 crore and Busy Infotech Revenue of Rs 16 crore, registering a growth of 16% and 30% respectively on YoY basis. Collections from Customer grew by 10% to Rs 363 crore for the quarter, primarily comprising of Standalone Collections of Rs 341 crore and Busy Infotech Collections of Rs 20 crore. Deferred Revenue as on December 31, 2024 increased to Rs 1,492 crore representing a YoY growth of 17%. This primarily includes IndiaMART Standalone Deferred Revenue of Rs 1,430 crore and Busy Infotech Deferred Revenue of Rs 57 crore. Net Profit for the quarter was Rs 121 crore representing margin of 30%. Cash Flow from Operations for the quarter was Rs 114 crore. Cash and Investments balance stood at Rs 2,606 crore as on December 31, 2024. Dinesh Agarwal, Chief Executive Officer, said: This quarter, we saw healthy growth in revenue and operating margins, along with a modest increase in deferred revenue and cash flow. We continue to focus on onboarding quality suppliers, improving matchmaking relevancy, and enhancing the overall user experience on our platform. We are confident in the strength of our business model and our unique position to capitalize on the increasing digital adoption by businesses. On the back of sustained profitability and healthy cash flow, we remain committed to strengthening our value proposition for all stakeholders. Result PDF
Internet Software & Services company IndiaMART InterMESH announced Q2FY25 results Standalone Financial Highlights: Revenue from Operations increased to Rs 332 crore as compared to Rs 281 crore last year representing a growth of 18%. The growth was primarily driven by around 14% improvement in realization from paying suppliers and the remaining by increase in number of paying suppliers. Collections from Customer grew to Rs 337 crore for the quarter and Deferred Revenue as on Q2FY25 increased to Rs 1,426 crore representing a YoY growth of 18%. EBITDA for the quarter was at Rs 120 crore representing margin of 36%. Net Profit for the quarter was at Rs 127 crore representing margin of 32%. Consolidated Financial Highlights: IndiaMART reported consolidated Revenue from Operations of Rs 348 crore as compared to Rs 295 crore in the corresponding quarter of last year, representing a growth of 18%. This includes IndiaMART Standalone Revenue of Rs 332 crore and Busy Infotech Revenue of Rs 15 crore, registering a growth of 18% and 19% respectively on YoY basis. Collections from Customer grew by 6% to Rs 356 crore for the quarter, primarily comprising of Standalone Collections of Rs 337 crore and Busy Infotech Collections of Rs 17 crore. Deferred Revenue as on Q2FY25 increased to Rs 1,483 crore representing a YoY growth of 19%. This primarily includes IndiaMART Standalone Deferred Revenue of Rs 1,426 crore and Busy Infotech Deferred Revenue of Rs 53 crore. Net Profit for the quarter was Rs 135 crore representing margin of 33%. Cash Flow from Operations for the quarter was Rs 103 crore. Cash and Investments balance stood at Rs 2,449 crore as on Q2FY25. Operational Highlights: IndiaMART registered Unique business enquiries of 28 million in Q2FY25, representing a YoY growth of 14%. Supplier Storefronts grew to 8 million, an increase of 5% YoY and paying suppliers grew to 218K representing net addition of 2.4K subscribers during the quarter. Dinesh Agarwal, Chief Executive Officer, said: We have closed the second quarter with healthy growth in revenue and operating margins along with modest growth in deferred revenue and cash flows. We stay committed to the vision of “Make Doing Business Easy” and enable businesses to grow online. We continue to focus on improving the experience of buyers as well as suppliers and strengthen our value proposition further. On the back of healthy cash flows and increasing internet adoption by businesses, we stay confident of the sustained profitable growth for the times to come. Result PDF