IndiaMART InterMESH Ltd reported a 35% year‑on‑year rise in net profit, reaching ₹154 crore in Q1 FY26 (April–June 2025), compared to ₹114 crore in the same quarter last year Zee Business. This surge underscores the strength of India’s leading B2B marketplace.
💼 Financial Highlights (Q1 FY26 vs. Q1 FY25)
- Revenue from operations increased 12% to ₹372 crore, up from ₹331 crore.
- Total Income (including other income) was ₹465 crore—20% higher YoY
- EBITDA stood at approximately ₹134–₹135 crore, with consolidated margin around 36–39%
- Customer Collections rose 17% YoY to ₹430 crore
- Deferred Revenue climbed 18% YoY to ₹1,735 crore
- Operational Cash Flow totaled ₹161 crore; Cash & Investments stood at ₹2,762 crore as of June 30, 2025
🚀 Key Drivers of Growth
- Platform Expansion
- Unique business inquiries reached 29 million (up 17% YoY).
- Supplier storefronts grew to 8.4 million (+6% YoY).
- Paying suppliers increased to 218,000, adding 1,500 new customers in Q1
- Strong Unit Economics
- EBITDA margins (~39%) highlight efficient cost management
- A steep increase in cash flows reflects solid recurring revenue from subscriptions and ad services.
- Robust Deferred Revenue
- Deferred revenue, a signifier of future recurring bookings, rose 18% YoY to ₹1,735 crore
📣 Management Commentary
CEO Dinesh Agarwal attributed the growth to a steady increase in revenue, deferred earnings, and cash flow, underpinned by advances in user experience and supplier offerings Business Standard. He reiterated IndiaMART’s focus on long‑term profitable growth driven by digital adoption.
🔍 Outlook
With a strong balance sheet (~₹2,762 cr in cash) and healthy growth in core metrics, IndiaMART is well-positioned to invest in:
- Product innovation
- Digital enhancements
- Market expansion across sectors
The Q1 performance reaffirms its dominance in connecting Indian SMEs and enterprises via its online B2B platform.
