IndiaMART’s Profit Nearly Doubles To INR 135 Cr In Q2

Revenue from operations jumped 18% YoY to INR 347.6 Cr in Q2 FY25, helped by improved EBITDA margins and healthy subscriber additions

IndiaMART’s EBITDA surged 68% year-on-year (YoY) to INR 135 Cr in Q2

Collections from customers grew 6% YoY to INR 356 Cr during the quarter under review

B2B marketplace IndiaMART InterMESH nearly doubled its consolidated net profit to INR 135.1 Cr in the September quarter of the financial year 2024-25 (Q2 FY25) from INR 69.4 Cr in the year-ago period on the back of strong top line growth and controlled expenses.

On a quarter-on-quarter basis, net profit grew over 18% from INR 114 Cr in the April-June period.

Revenue from operations jumped 18% to INR 347.6 Cr during the quarter under review from INR 294.6 Cr in Q2 FY24. Sequentially, it rose nearly 5% from INR 331.3 Cr.

The company’s EBITDA surged 68% year-on-year (YoY) to INR 135 Cr in Q2. 

Collections from customers grew 6% YoY to INR 356 Cr during the quarter under review, while deferred revenue zoomed 19% YoY to INR 1,483 Cr. 

(The story will be updated soon.)