B2B platform IndiaMart scores INR 201 Cr In Revenue In Q4 FY22

• ByStartupStory     |    April 29, 2022

B2B E-commerce platform IndiaMart made headlines as it announced its yearly and quarterly results for the FY22 and Q4 FY22, respectively, wrapping up a string of 4 quarters of constant growth in revenue while profits kept on seeing fluctuations.

The platform registered a consolidated total revenue from operations of INR 201 Crore. IndiaMart has witnessed its net profits shrink from Rs 70 Cr in the Q3 FY22 to Rs 57 Cr in the last quarter of FY 22. For IndiaMart, the consolidated EBITDA was Rs 57 Crore, and the EBITDA margin for Q4 FY22 stood at 28 percent as compared to 48 percent for Q4 FY21.

IndiaMart was founded in the year 1996 by Brijesh Agarwal and Dinesh Agarwal. The company has earned a reputation for itself by linking buyers and suppliers. They also claim to be India’s largest online B2B marketplace. IndiaMart deals in various sectors including Drugs&Pharma, Food & Agriculture, Hospitals & Diagnostics, Industrial Machinery, Industrial Supplies, Electronics & Electrical, among others.

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