IndiaMART Intermesh Reports Significant Profit Dip in Q4 and FY24
IndiaMART Intermesh Limited (IIL), a prominent Indian e-commerce platform for businesses, announced a substantial 72.2% year-on-year drop in its net profit for the fourth quarter (Q4) of the fiscal year ending March 31, 2024. The company reported a net profit of ₹50 crore for the quarter, a sharp decline from the previous year’s performance. For…