Rs 70 crore Q2 profit for Indiamart Intermesh
Indiamart Intermesh in November ...
Indiamart Intermesh in November reported an 8-fold increase in its net profit for the July-September quarter at Rs 70 crore. During the same period last fiscal, the company had reported a net profit of Rs 9 crore.
Its total revenue from operations rose 4 per cent on a year-on-year basis to Rs 163 crore for the the second quarter of FY21, supported by marginal improvement in realization of existing customers and increase in number of paying subscription suppliers amidst the ongoing Covid-19 pandemic.
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EDITOR'S DESK, Nov 2024
On November 6, the U.S. witnessed an extraordinary political turnaround as Donald J. Trump made a triumphant return, overcoming legal hurdles, a volatile political climate, and even assassination attempts. His victory in the 2024 presidential election is not only seen as a personal vindication but also as a momentous event for the global Indian diaspora, who have often viewed Trump as a reliable ally of India.
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