#INDIAMART IN FOCUS

@IndiaMART is set to release its quarterly numbers today and expectations are as follows

 18.6% yoy revenue growth, driven by 4.4% yoy growth in paying suppliers base and 13.4% yoy growth in ARPU. 

Net campaign addition of 2.7k in 3Q (versus 2.5k in 2Q), lower than FY2024 run-rate on account of continued high churn in silver category customers.

EBITDA margin of 41%, up 1,060 bps yoy and up 450 bps qoq on account of ARPU increase and continued lack of investment in new business growth. 

Employee and other costs are depressed due to lack of efforts on new customer acquisition
#INDIAMART