• IndiaMART reported 2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 7%.
  • Its expenses for the quarter were up by 13% QoQ and 72% YoY.
  • The net profit decreased by 19% QoQ and 47% on a YoY basis.
  • The earnings per share (EPS) of IndiaMART stood at 15.3 during Q1FY23.

IndiaMART InterMESH’s Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income 211 231 226 -2% 7%
Total Expenses 98 148 168 13% 72%
Profit before tax 112 77 51 -34% -55%
Tax 24 19 4 -79% -83%
Profit after tax 88 57 47 -19% -47%
Earnings per share 29.0 18.8 15.3    

Data Source: BSE, Company announcements

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