IndiaMART Q3 finances: Profit declines 27% YoY to INR 82 Cr

IndiaMART reported a 27.4% decline in its consolidated net profit to INR 82 Cr in Q3 of FY24 from INR 112.8 Cr in the corresponding quarter of the previous year, hurt by a muted growth compared to last year. IndiaMART’s net profit increased 18.8% quarter-on-quarter from INR 69 Cr posted in the previous quarter.

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