Indiamart Intermesh Ltd (INDIAMART)

Indiamart Intermesh Q4 Results Show Increase in Revenue and Profit - 02 May, 2024

Indiamart Intermesh's Q4 results show a YoY increase of 17.1% in revenue and 78.04% in profit, with EPS at ₹16.58. The consensus recommendation is to Buy, and the company has announced a final dividend of ₹20.0.

Indiamart Intermesh Announces Final Dividend for FY 2023-24 - 01 May, 2024

Indiamart InterMESH's board has announced a final dividend of Rs 20 per equity share for the Financial Year 2023-24, subject to shareholder approval at the AGM on April 30. The record date is June 7, and the dividend will be paid within 30 days from the date of declaration and approval.

IndiaMART InterMesh Reports Strong Q4 Results - 30 Apr, 2024

IndiaMART InterMesh reported a consolidated net profit of INR 99.6 crore in Q4FY24, up by 78.49% YoY, and recommended a final dividend of INR 20 per equity share of face value INR 10 each for FY23-24.

Indiamart Intermesh Ltd's High P/E Ratio Raises Concerns - 26 Apr, 2024

Analysts are investigating whether Indiamart Intermesh Ltd's high P/E ratio of 54.9x is justified, as the company's earnings have been rising slower than most other companies and it has no earnings growth to show for over the last three years. While analysts suggest earnings should grow by 20% per annum over the next three years, investors seem willing to pay up for exposure to the stock despite fairly average growth expectations.

Indiamart Announces Changes in CFO Role - 05 Apr, 2024

Indiamart InterMESH Limited has announced that its current CFO, Prateek Chandra, will transition to a new role as Chief Strategy Officer from June 15, 2024. Jitin Diwan has been appointed as the new CFO effective from June 15, 2024.