Internet software & services company IndiaMART InterMESH announced Q3FY23 results: Consolidated Q3FY23: Revenue from Operations of Rs 251 crore, YoY growth of 34% Cash generated from Operations at Rs 115 crore, YoY growth of 36% Deferred Revenue stood at Rs 1,015 Crore, YoY growth of 29% Consolidated EBITDA was Rs 70 Crore for Q3FY23 representing EBITDA margin of 28%. Commenting on the performance, Mr. Dinesh Agarwal, Chief Executive Officer, said: "We are pleased with the growth in revenue, deferred revenue, paying subscription suppliers and cash flow from operations with healthy margins. Our strong balance sheet and sustainable cashflows enable us to continue investing in strengthening our manpower across the organization as well as investments in strategic areas. We will continue to invest behind growth and focus on further strengthening our value proposition to leverage the emerging growth tailwinds due to accelerated digital adoption by businesses.” Result PDF
IT software and services company IndiaMART InterMESH announced Q2FY23 results: Q2FY23 vs. Q2 FY22 Consolidated Revenue from Operations of Rs. 241 Crore, YoY growth of 32% Consolidated EBITDA of Rs. 67 Crore Consolidated Cash generated from Operations at Rs. 78 Crore Commenting on the performance, Mr. Dinesh Agarwal, Chief Executive Officer, said: "We are pleased to report growth in revenue, customers and deferred revenue along with healthy margins and cash flows in a stable demand environment. Sustainable cash flows and a robust balance sheet enables us to continue investing in strategic areas as well as building the organization to meet the evolving customer needs and accelerate digital transformation of businesses. " Result PDF