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IndiaMart Q3 Results Review — Dolat Capital Maintain 'Buy' On The Stock, Sees 33% Upside; Here's Why

IndiaMart's margins to rise from the current 30%+ level and average 34%+ for the entire forecast period.

<div class="paragraphs"><p>IndiaMart InterMesh reported revenue growth of 1.9% QoQ (brokerage estimate: 2%), led by 3.5% uptick in average revenue per user despite 1.7% decline in subscriber growth. </p><p>(Source: NDTV Profit)&nbsp;</p></div>
IndiaMart InterMesh reported revenue growth of 1.9% QoQ (brokerage estimate: 2%), led by 3.5% uptick in average revenue per user despite 1.7% decline in subscriber growth.

(Source: NDTV Profit) 

Indiamart remains a dominant player in India’s B2B business space, benefitting from digital adoption and steady progress of MSMEs. Its paid supplier growth platform is a mature yet evolving platform that drives efficient matchmaking for buyers.
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