IndiaMART Q1 Results: Net Profit Rises 35% to Rs 113.92 Crore, Revenue Up 20% on Strong B2B Growth

IndiaMART InterMESH Ltd, a leading B2B e-commerce platform in India, reported impressive results for the first quarter of FY26, with a 35% year-on-year increase in net profit to Rs 113.92 crore from the same period last year. The strong performance underscores the company's growing dominance in connecting buyers and suppliers across diverse industries.

IndiaMART Q1 Results 2026: Revenue Growth Drives Earnings

Revenue surged by 20% to Rs 464.54 crore in Q1 FY26, up from Rs 384.51 crore a year ago. Within this, consolidated operational revenue rose to Rs 372 crore, marking a 12% increase, while standalone revenue reached Rs 346 crore, up 10% year-on-year. Collections also saw healthy expansion with total collections reaching Rs 430 crore (17% YoY growth) Rs 374 crore from standalone operations and an additional Rs 53 crore from subsidiary Busy Infotech.

Platform Expansion and Engagement

IndiaMART's platform registered a strong uptick in activity, with 29 million unique business enquiries in the quarter-up 17% from Q1 FY25. Supplier storefronts grew by 6%, reaching 8.4 million. The base of paying suppliers expanded by 1,500 to 218,000, signaling sustained trust and investment from merchants.

Commenting on the quarter's outcomes, Dinesh Agarwal, CEO of 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."

Strong Cash Flow and Financial Resilience

The company generated Rs 161 crore in cash flow from operations in Q1 FY26. As of 30 June 2025, its cash and investment reserves stood at Rs 2,762 crore, providing a solid financial base to support future expansion, product development, and technological investments.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.