B2B marketplace posts strong YoY growth in revenue, collections and supplier engagement
Indiamart Intermesh reported a consolidated net profit of Rs 188.3 crore for the December quarter, up 55.6 per cent from Rs 121 crore in the same period last year. Consolidated revenue from operations rose 13.4 per cent YoY to Rs 401.6 crore, compared with Rs 354.3 crore in Q3 FY25.
On a sequential basis, profit after tax jumped 128 per cent, while revenue grew 3 per cent quarter-on-quarter. The company’s standalone revenue stood at Rs 368 crore, reflecting a 9 per cent YoY increase, with Busy Infotech contributing Rs 32 crore.
Collections from customers reached Rs 426 crore during the quarter, up 17 per cent YoY. Standalone Indiamart collections were Rs 390 crore, a 14 per cent increase, while Busy Infotech recorded collections of rs 33 crore, according to the exchange filing.
Deferred revenue as of 31 December 2025 rose 19 per cent YoY to Rs 1,775 crore, including IndiaMart’s standalone deferred revenue of Rs 1,654 crore and Busy Infotech at Rs 112 crore.
Operating performance, however, showed some pressure. Ebitda for the quarter declined 2.9 per cent YoY to Rs 134.5 crore, with the Ebitda margin narrowing to 33.5 per cent from 39.1 per cent in Q3 FY25. On a sequential basis, Ebitda rose 3 per cent, with the quarter’s margin at 33 per cent. Consolidated cash flow reached Rs 129 crore, reflecting a 13 per cent increase YoY and QoQ.
Operational metrics remained healthy, with unique business enquiries reaching 28 million in Q3 FY26. Supplier storefronts grew 6 Per cent YoY to 8.7 million, while the number of paying suppliers stood at 221,000 by the end of the quarter.
Commenting on the results, CEO Dinesh Agarwal said, “The company is focused on strengthening its platform, improving quality and engagement for buyers and suppliers, and reinforcing trust across the marketplace, supported by the rapid adoption of AI-enabled technologies.”
Indiamart continues to operate as a leading online B2B marketplace, connecting buyers and sellers across India across multiple product categories and geographies.
