Indiamart Intermesh Limited CC-Sep23.pdf · 2023-10-27
Hi, am I audible?
Many of my questions are already answered , so two bit. One, you have top 10 paying suppliers, which today makes 46% of the revenue. They have been growing at a faster rate than the company for consistently nine quarters (more than two years). Now this quarter there is a divergence to this trend. So could you update us regarding your client mining effort for this bucket? And is there any strategic change. That's question number one. And secondly, for the silver category where we are highlighting that the churn rate was higher. Have you already put in place some mechanism to curtail that churn? I understood you have got that the results may come with a lag, but have you already started and which are those steps that we have already taken.