IndiaMART InterMESH will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live News

Indiamart Intermesh (IndiaMART) announced an investment of Rs 89.69 crore in M/s Baldor Technologies (IDfy). This investment marks a 10% minority stake acquisition for IndiaMART. Founded in 2011, IDfy is an Integrated Identity Platform offering products and solutions for KYC, Background Verifications, Risk Mitigation, Digital Onboarding and Digital Privacy. IDfy establishes trust while delivering a frictionless experience for employees, customers and partners. IDfy combines enterprise-grade technology with the widest breadth of offerings in the industry. With more than 12+ years of experience and 2 million verifications per day, they are pioneers in this industry.Powered by Capital Market - Live News

IndiaMART InterMESH announced that the 25th Annual General Meeting(AGM) of the company will be held on 20 June 2024.Powered by Capital Market - Live News

Net profit of Indiamart Intermesh rose 78.49% to Rs 99.60 crore in the quarter ended March 2024 as against Rs 55.80 crore during the previous quarter ended March 2023. Sales rose 17.08% to Rs 314.70 crore in the quarter ended March 2024 as against Rs 268.80 crore during the previous quarter ended March 2023.For the full year,net profit rose 17.69% to Rs 334.00 crore in the year ended March 2024 as against Rs 283.80 crore during the previous year ended March 2023. Sales rose 21.45% to Rs 1196.80 crore in the year ended March 2024 as against Rs 985.40 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales314.70268.80 17 1196.80985.40 21 OPM %24.4020.68 -24.3123.34 - PBDT151.8084.20 80 492.70402.40 22 PBT139.1075.60 84 456.20371.30 23 NP99.6055.80 78 334.00283.80 18 Powered by Capital Market - Live News

IndiaMART InterMESH announced that the Board of Directors of the Company at its meeting held on 30 April 2024, has recommended a Final dividend of Rs.20 per share (i.e.200%), subject to the approval of the shareholders.Powered by Capital Market - Live News