IndiaMart Q3 results: Consolidated net profit drops 27% to Rs 82 crore

IndiaMart’s consolidated net profit dropped 27 per cent to Rs 82 crore in the December quarter of the current financial year, the online business-to-business (B2B) marketplace said in an exchange filing on Thursday.

On a sequential basis, the net profit has risen 18.6 per cent from Rs 69 crore in the previous September quarter.

The Noida-headquartered company’s revenue from operations jumped 21 per cent to Rs 305 crore for the reporting period. It was Rs 251 crore in the corresponding period of last year.