IndiaMART Q1FY26 results: Net profit rises 35% to ₹153.54 cr, income up 20%

The company's total income increased 20 per cent YoY to ₹464.539 crore in the first quarter of FY26, the company announced in an exchange filing

E-commerce major IndiaMART InterMESH Limited on Friday reported a 35 per cent year-on-year (YoY) increase in net profit for the first quarter (Q1) of financial year 2025–26 (FY26). It had posted a net profit of ₹113.924 crore in the corresponding quarter of the previous financial year.

 

IndiaMART is a leading business-to-business (B2B) e-commerce platform in India that connects buyers with suppliers across a wide range of products. The company’s total income increased 20 per cent YoY to ₹464.539 crore in Q1FY26, it said in a filing to the Bombay Stock Exchange (BSE). In the same quarter last year, the total income stood at ₹384.505 crore.

 

 

Commenting on the financial performance, Dinesh Agarwal, chief executive officer at IndiaMART, said: “We continue to build on our growth momentum, underpinned by healthy increases in revenue, deferred revenue and cash flows. Our focus remains on strengthening the platform, enhancing user experience for both buyers and suppliers, and improving our offerings in line with the evolving needs of businesses.” 

 

The company reported consolidated revenue from operations of ₹372 crore in Q1FY26, marking a 12 per cent increase from ₹331 crore in the same period last year. This includes ₹346 crore in standalone revenue, reflecting a 10 per cent YoY growth, and ₹25 crore from its subsidiary, Busy Infotech.

 

Customer collections for the quarter rose to ₹430 crore, up 17 per cent YoY. This was driven mainly by standalone collections of ₹374 crore, showing a 10 per cent YoY growth, and ₹53 crore from Busy Infotech. 

 

IndiaMART received 29 million unique business enquiries in Q1FY26, reflecting a 17 per cent annual growth. The number of supplier storefronts increased to 8.4 million, up 6 per cent YoY, while the platform had 218,000 paying suppliers at the end of the quarter, marking a net addition of 1,500 suppliers.

 

Cash flow from operations for Q1FY26 stood at ₹161 crore, while the cash and investments balance was ₹2,762 crore as of 30 June 2025.