Dividend Drama: IndiaMART’s ₹20 Payout and Q4 Profit Jump Fuel Stock Market Excitement

IndiaMART InterMESH Ltd, India's premier online B2B marketplace, today declared a special dividend of ₹20 per share for its investors, based on its solid financial health and dedication to satisfying investors. The declaration follows the company's stellar March quarter results, signaling consistent growth and profitability.

 

Important Highlights:

 

Special Dividend Declared: The Board of Directors of IndiaMART has proposed a special dividend of ₹20 per share for FY2024-25. The record date for entitlement is June 7, 2024. This action reflects the company's healthy cash position and shareholder-friendly strategy.

 

Strong Financial Performance: IndiaMART registered consolidated revenue from operations of ₹355 crore during March 2025 quarter, reflecting a healthy year-on-year growth of 16%. Consolidated net profit of the company shot up to ₹181 crore, reflecting operating efficiency and robust demand for its digital marketplace offerings.

 

Track Record of Consistent Dividend: In addition to the special dividend, IndiaMART also has a track record of consistent dividend pay-out, with earlier final dividends of ₹20 per share in FY2023-24 and FY2022-23. The consistency reflects faith in the cash flows and business prospects of the company.

 

Operational Momentum: IndiaMART continues to experience growth in distinct business enquiries and supplier storefronts, cementing its leadership position in the B2B e-commerce platform. The emphasis of the platform on bringing onboard quality suppliers and improving user experience has helped its consistent performance.

 

Shareholder Value: With the current share price at approximately ₹2,195, the announced dividend provides an attractive yield, further supporting shareholder returns.

 

Sources: IndiaMART Investor Relations, Economic Times, Moneycontrol