IndiaMART Net Profit Up by 34.6% in June Quarter

Mumbai, 18 July 2025: IndiaMART InterMESH Ltd (NSE: INDIAMART, BSE: 542726), a B2B digital marketplace, reported a  34.6% year-on-year increase in net profit for Q1FY26, reaching ₹1,535 crore. The profit growth was driven by steady expansion in its digital services and increase in revenue from its accounting software segment.

IndiaMART InterMESH Ltd’s share price closed at ₹2,655.00 on 18 July 2025 at 3:30 PM IST, registering a gain of ₹28.30 or 1.08% for the day. The stock opened at ₹2,637.00, touched an intraday high of ₹2,686.70, and dipped to a low of ₹2,596.60. The upward movement came ahead of the company’s Q1 earnings call scheduled for 5:00 PM IST, reflecting investor confidence driven by strong profit growth and the addition of a new independent board member.

Strong Profit Growth Backed by Revenue Expansion and Higher Other Income

IndiaMART posted a total income of ₹4,645 million in Q1FY26, up 20.8% YoY from ₹3,845 million. The growth came from a 12.3% rise in operating revenue and a 73.7% increase in other income, which together lifted the company’s profitability. Net profit for the quarter stood at ₹1,535 million compared to ₹1,140 million in the same period last year, while profit before tax surged 34.7% to ₹2,039 million. Basic earnings per share (EPS) also saw a significant uptick from ₹19.00 in Q1FY25 to ₹25.59 in Q1FY26.

Accounting Software Services Emerges as Key Growth Driver

The company’s Web and Related Services segment recorded revenue of ₹3,463 million in Q1FY26, marking a 9.7% increase YoY. However, the standout performer was the Accounting Software Services segment, which achieved a 64.3% year-on-year growth, with revenue rising from ₹157 million in Q1FY25 to ₹258 million in Q1FY26. This segment’s rapid growth significantly contributed to the company’s overall performance, making it a key driver of profitability this quarter.

Standalone Performance Reflects Consistent Growth

On a standalone basis, IndiaMART’s performance remained strong:

• Standalone revenue reached ₹3,463 million in Q1FY26, up 9.8% YoY.
• Standalone net profit climbed to ₹1,660 million, reflecting a 33.9% increase.
• Basic EPS on a standalone level rose from ₹20.69 in Q1FY25 to ₹27.66 in Q1FY26, indicating sustained shareholder value creation.

Vasuta Agarwal Joins Board as Independent Director

IndiaMART’s board has approved the appointment of Vasuta Agarwal as an Additional Director (Non-Executive Independent) for a three-year term, effective 18 July 2025, subject to shareholder approval.

Key Highlights of Vasuta Agarwal’s Profile

• Former Chief Business Officer at InMobi, where she led global ad monetisation and performance advertising initiatives.
• Alumnus of BITS Pilani and IIM Bangalore.
• Has served on the boards of Kaya Ltd and NephroPlus.
• Recognised in ET’s “40 Under Forty”, Campaign Asia’s “Women to Watch”, and IMPACT’s “50 Most Influential Women”.
• Brings over 18 years of experience in digital strategy, marketing technology, and business scaling.

Her inclusion is expected to bring deep digital expertise and strong governance experience to the boardroom.

Management Emphasises Platform Strength and Future Focus

Dinesh Chandra Agarwal, Managing Director and CEO of IndiaMART, commented,

“Our double-digit revenue growth and sustained profitability underline the resilience of our platform-led model. We are seeing meaningful traction in the accounting software vertical and remain focused on long-term value creation.”

About IndiaMART

IndiaMART InterMESH Ltd is India’s largest B2B online marketplace, enabling digital discovery and transactions between businesses across the country. The company operates a diverse portfolio that includes digital classifieds, subscription-based services, and accounting software solutions. Listed on both NSE and BSE, IndiaMART continues to scale through a technology-driven model, underpinned by strong liquidity, robust margins, and long-term strategic focus.

REF: https://nsearchives.nseindia.com/corporate/INDIAMART_18072025155111_Outcome.pdf

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