IndiaMART InterMESH Limited Reports Audited Standalone and Consolidated Earnings Results for the Quarter Ended June 30, 2021
July 22, 2021 at 06:42 am EDT
Share
IndiaMART InterMESH Limited reported audited standalone and consolidated earnings results for the quarter June 30, 2021. For the quarter, on standalone basis, company reported revenue from operations of INR 1,811 million against INR 1,513 million a year ago. Total income was INR 2,107 million compared to INR 1,847 a year ago. Net profit for the period was INR 907 million against INR 765 million a year ago. Basic earnings per equity share (INR 10 per share) was INR 29.92 against INR 26.44 a year ago. Diluted earnings per equity share (INR 10 per share) was INR 29.52 against INR 26.01 a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 1,816 million against INR 1,531 million a year ago. Total income was INR 2,110 million compared to INR 1,868 a year ago. Net profit for the period was INR 879 million against INR 741 million a year ago. Basic earnings per equity share (INR 10 per share) was INR 28.99 against INR 25.63 a year ago. Diluted earnings per equity share (INR 10 per share) was INR 28.61 against INR 25.20 a year ago.
IndiaMART InterMESH Limited is an India-based online business-to-business (B2B) marketplace, which connects buyers with suppliers. The channel is focused on providing a platform for small and medium enterprises (SMEs), large enterprises, as well as individuals. The Company operates through two segments: Web and related Services and Accounting Software Services. Web and related services segment provide business-to-business e-marketplace services, which acts as an interactive hub for domestic and international buyers and suppliers. The Accounting software services segment provides the business of development, system analysis, designing and marketing of integrated business accounting software to help and manage businesses with increased efficiency. The Company's solutions include IM Leader, IM Star, TrustSEAL, Maximiser, IndiaMART Paid Service (MDC), IndiaMART Verified Exporter, enterprise solutions and advertising solutions.
INDIAMART INTERMESH LIMITED 
