IndiaMART Carves Out INR 74.6 Cr Profits In Q1 Despite Pandemic Crippling Cash Flow
Shortpedia
Content Team
Image Credit: inc42
B2B ecommerce platform IndiaMART has posted over 64% increase in its net profit at INR 74.6 Cr in the first quarter of the financial year 2021, versus INR 44 Cr in the previous quarters. In terms of year-on-year growth, the listed company has registered a two-fold increase from INR 32 Cr. This comes even as the company was noting a sluggish growth in the first few months of April to June quarter.
