IndiaMart Q3 Results Key Highlights
- In Q3 Consolidated Revenue jump 34% and Net Profit jumped by 61%
- EBITDA Margins 28%
- Cash and Investment Balance at Rs.2108 Cr as on 31st Dec 2022. Cash will be used to M&A or otherwise will be distributed in form of Dividend and Buyback
- Paying Subscription Suppliers grew by 24% to 1,94,000 with net addition of 6263 in Q3
- Annualized Revenue per Paying Subscriber Rs.49.4k
- Other income in Q3 is Rs.102 Cr which include one-time gain of Rs.67 Cr sale of one investee company
- Confident about 8k addition of new subscriber every quarter. In Q3, 6k new addition is one off due to most festivals in one month itself
- Margins will remain in line of 25 to 30% for next two quarter later we can improve margins and in long run it can remain at around 35%
- One more quarter, fresh employees will be added later employee growth will be in line with collection and revenue growth
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