Indiamart Intermesh Ltd has reported its financial results for the quarter ended December 31, 2024 (Q3 FY25), highlighting significant growth in revenue and profitability.
Key Financial Highlights (Q3 FY25):
- Revenue from Operations:
₹354.3 crore, up 16.1% YoY from ₹305.3 crore in Q3 FY24. - Total Income:
₹399.2 crore, a growth of 15% YoY compared to ₹347 crore in Q3 FY24. - Net Profit (PAT):
₹121 crore, an increase of 47.7% YoY from ₹81.9 crore in Q3 FY24. - Profit Before Tax (PBT):
₹159 crore, up 45% YoY from ₹109.6 crore in Q3 FY24. - Expenses:
Total expenses were ₹226.1 crore, slightly down from ₹230.2 crore YoY, showcasing effective cost management.- Employee benefits expenses stood at ₹153 crore, compared to ₹138.5 crore in Q3 FY24.
Nine-Month FY25 Performance (April-December 2024):
- Revenue from Operations:
₹1,033.3 crore, up 17.1% YoY from ₹882.1 crore in the same period last year. - Total Income:
₹1,196.9 crore, up from ₹1,015.5 crore YoY. - Net Profit:
₹370.1 crore, a growth of 57.8% YoY compared to ₹234.4 crore in the corresponding period last year.
Operational Insights:
- Margins:
Improved operational efficiency contributed to enhanced margins YoY. - Tax Expenses:
₹38 crore in Q3 FY25, compared to ₹27.7 crore YoY.
Indiamart has demonstrated robust growth in Q3 FY25, driven by strong revenue generation and improved cost efficiencies.
