IndiaMART InterMESH Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (17.08) % in YoY and increased by 3.08 % in QoQ

The comprehensive analytics outlining the performance and outlook of IndiaMART InterMESH Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at IndiaMART InterMESH Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.08 %. However, it did see a marginal increase of 3.08 % from the previous quarter. Expenses ticked up slightly by 3.05 % quarter-on-quarter, aligning with the annual rise of 11.64 %. Operating profit, while up 33.74 % compared to last year, faced a quarter-on-quarter increase of 3.15 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.5 %, but an expansion of 0.02 % sequentially. Other income rose by 90.14 % compared to the last quarter, despite an annual growth of 224.75 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.76 %. Depreciation costs climbed by 51.19 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 47.67 %. Profit before tax grew annually by 83.99 % but saw an increase from the preceding quarter by 26.92 %.
Tax expenses as a percentage of profits increased slightly by 3.21 % compared to last year, with a more notable quarter-on-quarter increase of 2.49 %. Net profit rose by 78.49 % year-on-year but experienced a 21.61 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -9.18 % but a quarterly rise of 21.67 %. In summary, IndiaMART InterMESH Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing IndiaMART InterMESH Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.08 % year-on-year growth, however, there was a minor increase of 3.08 % from the previous quarter. Expenses rose by 11.64 % compared to the previous year, with a 3.05 % increase quarter-on-quarter. Operating Profit surged by 33.74 % annually, and saw a 3.15 % increase from the last quarter.
Net Profit showed yearly increase of 78.49 %, and experienced a 21.61 % increase from the previous quarter. Earnings Per Share (EPS) fell by -9.18 % annually, however rose by 21.67 % compared to the last quarter. In essence, while IndiaMART InterMESH Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.