The company reports consolidated revenue from operations of Rs 372 crore in the first quarter of the current fiscal year, an on-year growth of 12 per cent
Marking a healthy improvement in its performance, Indiamart Intermesh (Indiamart) has clocked a 35 per cent year-on-year (YoY) surge in its net profit in the first quarter of the current financial year (Q1FY26). The net profit rose to Rs 154 crore in Q1FY26.
Indiamart reported consolidated revenue from operations of Rs 372 crore in Q1FY26 as compared to Rs 331 crore in the corresponding quarter of last year, representing a growth of 12 per cent. Collections from customer grew to Rs 430 crore for the quarter, representing YoY growth of 17 per cent, the company said in earnings release.
“We continue to build on our growth momentum, underpinned by healthy increase 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,” highlighted Dinesh Agarwal, Founder and Chief Executive Officer (CEO) of the company.
Deferred Revenue as on 30 June 2025 increased to Rs 1,735 crore, representing a YoY growth of 18 per cent. This primarily includes Indiamart standalone deferred revenue of Rs 1,628 crore and Busy Infotech deferred revenue of Rs 101 crore.
The company said that cash and investments balance stood at Rs 2,762 crore as on 30 June 2025. Indiamart registered unique business enquiries of 29 million in Q1FY26, representing a YoY growth of 17 per cent. Supplier storefronts grew to 8.4 million, an increase of 6 per cent YoY and paying suppliers at the end of the quarter were 2,18,000.
Agarwal added that backed by a robust business model and growing digital adoption, the company is confident in its ability to drive sustained, long-term profitable growth while delivering greater value to all stakeholders.
