📈 IndiaMART InterMesh: Q3 FY24 Market Brief IndiaMART InterMesh reported **strong financial performance** for the December quarter (Q3 FY24). --- Key Financial Highlights * **Profit Growth:** Net profit exhibited significant strength, rising **56%** year-on-year (YoY) to reach $188 \text{ crore}$. * **Revenue:** Revenue from operations increased by **13%** YoY. * **Collections and Deferred Revenue:** The company demonstrated **robust collections growth**, contributing to a **healthy deferred revenue** balance, signaling strong future earnings potential. * **Margins and Cash Flow:** Despite a context of modest sequential topline growth, the company successfully maintained **stable operating margins** and recorded **improving cash flows**. Summary IndiaMART's Q3 FY24 results underscore solid execution, driven by substantial profit expansion and effective management of working capital and costs, evidenced by strong collections and enhanced cash flows, all while maintaining double-digit revenue growth.