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.