• Increase in standalone revenue at Rs. 360 Crore, representing YoY growth of 9%
  • The net profit for the quarter stood at Rs. 83 Crore, representing margin of 21%.

Noida, India : IndiaMART InterMESH Limited (referred to as “IndiaMART” or the “Company”), today announced its financial results for the second quarter ending September 30, 2025.

Q2 FY2026 vs. Q2 FY2025 
Consolidated Revenue from Operations of Rs. 391 Crore, YoY growth of 12%Consolidated EBITDA of Rs. 130 Crore representing EBITDA margin of 33%Consolidated Cash generated from Operations of Rs. 114 Crore

Consolidated Financial Highlights (Q2 FY2026):

IndiaMART reported consolidated Revenue from Operations of Rs. 391 Crore as compared to Rs. 348 Crore in the corresponding quarter of last year, representing a growth of 12%. This includes IndiaMART Standalone Revenue of Rs. 360 Crore, representing YoY growth of 9% and Busy Infotech Revenue of Rs 29 Crore.

Collections from Customer grew to Rs. 406 Crore for the quarter, representing YoY growth of 14%, primarily comprising of IndiaMART Standalone Collections of Rs. 365 Crore representing YoY growth of 8% and Busy Infotech Collections of Rs 38 Crore.

Deferred Revenue as on September 30, 2025 increased to Rs. 1,750 Crore representing a YoY growth of 18%.

Net Profit for the quarter was Rs. 83 Crore representing margin of 21%. Cash Flow from Operations for the quarter was Rs. 114 Crore. Cash and Investments balance stood at Rs. 2,874 Crore as on September 30, 2025.

Standalone Financial Highlights (Q2 FY2026):

Standalone Revenue from Operations increased to Rs. 360 Crore as compared to Rs. 332 Crore last year representing a growth of 9%. The growth was primarily driven by improvement in realization from paying suppliers.

Collections from Customer grew to Rs. 365 Crore for the quarter representing a YoY growth of 8% and Deferred Revenue as on September 30, 2025 increased to Rs. 1,633 Crore representing a YoY growth of 15%.

EBITDA for the quarter was Rs. 115 Crore representing margin of 32%. Net Profit for the quarter was Rs. 83 Crore. 

Operational Highlights (Q2 FY2026):             

IndiaMART registered Unique business enquiries of 31 million in Q2FY26, representing a YoY growth of 12%. Supplier Storefronts grew to 8.6 million, an increase of 6% YoY and paying suppliers at the end of the quarter were 222K, representing net addition of 4K.

Commenting on the performance, Mr. Dinesh Agarwal, Chief Executive Officer, said, “We are committed to sustaining our growth momentum, with a continued focus on strengthening the platform, improving user experience for both buyers and suppliers, driving better engagement and conversion, enhancing customer servicing, and building a trusted platform. With a sound business model and businesses embracing digital solutions, we remain focused on creating long-term value for all stakeholders.”

Q2 FY2026 Performance Metrics  

(Figures in crores, unless otherwise stated)

ParticularsStandalone Consolidated
Q2FY26Y-o-YQ-o-Q Q2FY26Y-o-YQ-o-Q
        
Total Income368(7%)(15%) 401(3%)(14%)
        
Revenue from Operations3609%4% 39112%5%
        
EBITDA115(4%)(15%) 130(4%)(3%)
EBITDA Margin (%)32%   33%  
        
Net Profit for the period83(34%)(50%) 83(39%)(46%)
Net Profit Margin (%)23%   21%  
        
Collections from Customer3658%(2%) 40614%(6%)
        
Cash flow from Operations1091%(24%) 11411%(29%)
        
Deferred Revenue1,63315%0.3% 1,75018%1%
Cash and Investments2,68117%4% 2,87417%4%
Paying Suppliers (In ‘000)2222%2%