IndiaMart InterMesh Ltd.’s web revenue surged 81% for the quarter ended March 31, 2025, beating analysts’ estimates.
The corporate’s web revenue rose to Rs 180.6 crore in the course of the January-March interval of fiscal 2025, based on an alternate submitting on Tuesday. That compares with a consensus estimate of Rs 120 crore by analysts polled by Bloomberg. Within the year-ago interval, the corporate posted a web revenue of Rs 99.6 crore.
IndiaMart This autumn Earnings Highlights (Consolidated YoY)
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Income up 13% to Rs 355.1 crore versus Rs 314.7 crore (Bloomberg estimate at Rs 359 crore).
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Internet revenue up 81% to Rs 180.6 crore versus Rs 99.6 crore (Bloomberg estimate at Rs 120 crore).
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Ebitda up 48% to Rs 130.4 crore versus Rs 88.4 crore (Bloomberg estimate at Rs 133.2 crore).
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Margin at 36.7% versus 28.1% (Bloomberg estimate at 37.1%).
Dividend
IndiaMart proposed a dividend of Rs 50 apiece for the monetary 12 months 2024-25.
The dividend comprised of a remaining dividend of Rs 30 per share and a particular dividend of Rs 20 apiece, topic to the approval from the shareholders of their annual common assembly.
The report date to finalise the eligible shareholders for the dividend is about as June 6, 2025, and the dividend might be rolled out inside 30 days after it’s declared and authorised by the corporate’s shareholders.
Shares of Indiamart closed 4.3% larger at Rs 2,331 apiece on the NSE, in comparison with a 0.03% fall within the benchmark Nifty 50. The inventory has fallen by 11.14% within the final 12 months however risen 3.66% on a year-to-date foundation.
Out of 21 analysts monitoring the corporate, eight have ‘purchase’ ranking on the inventory, three suggest ‘maintain’ and 10 recommend ‘promote’, based on Bloomberg knowledge. The common of 12-month analysts’ worth goal implies a possible upside of 6.2%.
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