IndiaMart Q1 FY23 Key Highlights
- In Q1 Revenue jump 23.7%, Net Profit decline 46% YoY
- Net Addition of 10,000 paid subscriber in Q1 FY23 (23% growth)
- 10.5 Cr Revenue is from “Busy” which is now wholly own subsidiary
- EBITDA margin 28% Vs 48% YoY
- Cash generated during the quarter Rs.75 Cr and Cash Reserves at Rs.1882 Cr
- 163 New Employees added in this quarter, now total employee 3835
- Reduction of Other income from Rs.30 Cr to 1 Cr due to mark to market losses in treasure portfolio as increase in bond yields, this notional loss should reverse in its due course
- 650 Cr invested in Accounting Space
- Strategic Investment done so far
- Revenue from Legal Entity
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