IndiaMART InterMESH tanks 8% on weak operational performance in March qtr

Shares of IndiaMART InterMESH tanked 8.4 per cent to Rs 8,055 during Friday's intra-day deals on the BSE on weak operational performance in March quarter of FY21. The B2B e-commerce firm's total income increased just 1 per cent to Rs 190 crore during the reported quarter from Rs 187 crore in the corresponding period of 2019-20. For the full fiscal of 2020-21, its total income grew by 7 per cent to Rs 756 crore from Rs 707 crore in the preceding fiscal.

"During these trying times, we remain committed to employee safety and customer centric approach helping businesses grow through