IndiaMART InterMESH Ltd reported a mixed performance in its Q4 results, with strong revenue growth but a sharp decline in profitability.
The company posted a 72.2% year-on-year (YoY) drop in net profit at ₹50.2 crore, compared to ₹180.6 crore in the same quarter last year, indicating significant pressure on the bottom line.
On the topline front, revenue grew 13.9% YoY to ₹404.3 crore, up from ₹355.1 crore, reflecting steady demand and business momentum in its core operations.
At the operating level, EBITDA increased marginally by 1.7% YoY to ₹132.6 crore versus ₹130.4 crore. However, EBITDA margin declined to 32.8% from 36.7% YoY, highlighting rising costs and lower operating leverage.
The board has recommended a final dividend of ₹30 per share, which includes a special dividend of ₹30 per share, offering some comfort to shareholders despite weak earnings performance.
Overall, the quarter reflects stable revenue growth but notable pressure on profitability and margins.
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