India, April 30 -- B2B marketplace IndiaMART InterMESH on Tuesday (April 30) reported an over 78% increase in its consolidated net profit for the quarter ended March 31, 2024 (Q4 FY24) at INR 99.6 Cr from INR 55.8 Cr in the year-ago quarter.

On a quarter-on-quarter (QoQ) basis, profit rose 23% from INR 81.9 Cr.

Operating revenue rose 17% to INR 314.7 Cr during the quarter under review from INR 268.8 in Q4 FY23.

For the full financial year 2023-24 (FY24), the B2B marketplace's consolidated net profit grew nearly 18% to INR 334 Cr from INR 283.8 Cr in FY23.

The company's board also approved a dividend of INR 20 per share for FY24.

(The story will be updated soon.)

The post IndiaMART Q4: Profit Surges 78% YoY To INR 99.6 Cr, Declares I...