IndiaMART InterMESH: Hits record high after Dec qtr profit more than doubles

IndiaMART InterMESH

22/01/2020 04:37

** Online marketplace's shares  INMR.NS  rise as much as 13%
to touch a record high at 2365.70 rupees in early trading 
    ** INMR Dec qtr consol net profit more than doubled to 620
mln rupees, from a yr ago  (https://bit.ly/2NQgHO9)
    ** INMR Dec qtr revenue from operations rose ~23% to 1.82
bln rupees, from a yr ago
    ** More than 245,000 shares change hands, 7.1 times their
30-day moving avg
    ** INMR stock up ~13 YTD


($1 = 71.1750 Indian rupees)

 (Reporting by Anuron Kumar Mitra in Bengaluru)
 ((AnuronKumar.Mitra@thomsonreuters.com; outside U.S. +91 99863
58469;))