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    HomeNewsBusinessEarningsIndiaMart Q2 PAT seen up 19.5% YoY to Rs. 81.7 cr: ICICI Securities

    IndiaMart Q2 PAT seen up 19.5% YoY to Rs. 81.7 cr: ICICI Securities

    Net Sales are expected to increase by 26.8 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 305.1 crore, according to ICICI Securities.

    Broker Research
    October 18, 2023 / 12:14 IST
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    ICICI Securities has come out with its second quarter (July-September’ 24) earnings estimates for the online services sector. The brokerage house expects IndiaMart to report net profit at Rs. 81.7 crore up 19.5% year-on-year (down 1.7% quarter-on-quarter).

    Net Sales are expected to increase by 26.8 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 305.1 crore, according to ICICI Securities.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28.4 percent Y-o-Y (up 11.6 percent Q-o-Q) to Rs. 86.3 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    ICICI_Online services

    Broker Research
    first published: Oct 18, 2023 12:12 pm

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