IndiaMART InterMESH Ltd - 542726 - Clarification In Submission Of Audited (Standalone And Consolidated) Financial Results For The Quarter Ended June 30, 2023
Clarification in submission of Audited (Standalone and Consolidated) Financial Results for the quarter ended June 30, 2023. IndiaMART InterMESH Ltd - 542726 - Audited (Standalone And Consolidated) Financial Statements For The Quarter Ended June 30, 2023
Audited (Standalone and Consolidated) Financial Statements for the quarter ended June 30, 2023 IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on the Audited (Standalone and consolidated) Financial Results of the Company for the quarter ended June 30, 2023 Q1FY24 Quarterly Result Announced for IndiaMART InterMESH Ltd.
Internet Software & Services company IndiaMART InterMESH announced Q1FY24 results: Consolidated Q1FY24: Revenue from Operations of Rs 282 crore in Q1FY24, a growth of 26% YoY primarily driven by a 16% increase in the number of paying subscription suppliers Deferred Revenue increased by 25% YoY to Rs 1,202 crore as on June 30, 2023 EBITDA stood at Rs 77 crore for Q1FY24 representing an EBITDA margin of 27% Net Profit for Q1FY24 was Rs 83 crore representing a margin of 25% Cash Flow from Operations for Q1FY24 was at Rs 91 crore Cash and Investments balance stood at Rs 2,394 crore as on June 30, 2023. Standalone Q1FY24: Revenue from Operations of IndiaMART and Busy Infotech stood at Rs 268 crore and Rs 13 crore in Q1FY24 representing a YoY growth of 25% and 26% respectively EBITDA stood at Rs 76 crore for Q1FY24 representing an EBITDA margin of 28% IndiaMART registered traffic of 254 million and Unique business inquiries of 22 million in Q1FY24. Supplier Storefronts grew to 7.6 million, an increase of 6% YoY, and paying subscription suppliers grew to 2,07,683 a net addition of 4,993 subscribers during Q1FY24 Board of directors approved a buyback of 1,250,000 Equity shares at Rs 4,000 per equity share, for an amount not exceeding Rs 500 crore, subject to the approval of shareholders Commenting on the performance, Dinesh Agarwal, Chief Executive Officer, said: "We are pleased with the healthy growth in revenue, deferred revenue, cash flows along with steady operating margins as we start the new fiscal. We are confident about the continued growth and will continue to invest in technology and people to strengthen our value proposition further to accelerate digital adoption amongst businesses. Our sustainable cash flow helps us in making these investments towards building a strong foundation to leverage emerging growth opportunities.” Result PDF IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on the Audited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2023. IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Mr. Aakash Chaudhry (DIN: 00106392) as an Additional Director under the category of ''Non-Executive Independent Director'' not liable to retire by rotation with effect from July 20, 2023, for a term of 3 (three) consecutive years, subject to the approval of shareholders in accordance with the applicable laws. IndiaMART InterMESH Ltd - 542726 - Corporate Action-Buy back
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, we wish to inform you that the meeting of the Board of Directors of the Company was held today, i.e, Thursday, July 20, 2023, inter alia, to approved the Buy back, subject to the approval of shareholders of the Company. IndiaMART InterMESH Ltd - 542726 - Audited (Standalone And Consolidated) Financial Results For Quarter Ended June 30, 2023
please find enclosed the audited financial results for quater ended June 30, 2023. IndiaMART InterMESH Ltd - 542726 - Board Meeting Outcome for Outcome Of The Board Meeting
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we wish to inform you that the meeting of the Board of Directors of the Company was held today i.e., Thursday, July 20, 2023, inter alia, to transact the following businesses: I. Audited (Standalone and Consolidated) Financial Results: II. Approved the Audited condensed interim (Standalone and Consolidated) Financial Statements. III. Appointment of Mr. Aakash Chaudhry (DIN: 00106392) as an Additional Director under the category of 'Independent Director'. IV. Buy Back. IndiaMART InterMESH Ltd - 542726 - Statement Of Deviation Or Variation In Utilization Of Funds
Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of deviation or variation in utilization of funds through QIP by the Company, for the quarter ended June 30, 2023, reviewed by the Audit Committee at its meeting held today i.e., Wednesday, July 19, 2023.