New Delhi, Jan 19 (UNI) IndiaMART on Thursday reported 61 percent year-on-year increase in its consolidated net profit to Rs 113 crore for the quarter ending December 31, 2022.
The company had registered Rs 70 crore net profit in the same quarter last financial year, a statement from the company said.
The company's consolidated revenue from operations in the quarter stood at Rs 251 crore, a growth of 34% year-on-year primarily driven by increase in number of paying subscription suppliers and addition of revenue from accounting software services, the statement said.
The consolidated earnings before interest, taxes,
depreciation and amortization
(EBITDA) for the period stood at Rs 70 crore, the statement added.
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