IndiaMART Q1: Profit Soars 35% YoY To INR 154 Cr

B2B ecommerce platform IndiaMART InterMESH’s consolidated net profit soared 35% to INR 153.5 Cr in the first quarter of FY26 from INR 114 Cr in the year-ago quarter. However, on a sequential basis, profit dipped 15% from INR 180.6 Cr.

The company’s top line witnessed an uptick on a YoY as well as QoQ basis. IndiaMART’s operating revenue stood at INR 372.1 Cr in Q1 FY26, marking a near 12% increase from INR 331.3 Cr in the same quarter previous quarter. Sequentially, it grew 5% from INR 355.1 Cr.

Notably, the company’s tax expense grew to INR 50.4 Cr during the quarter under review as against INR 37.4 Cr in the June quarter of 2024 and INR 37.5 in the March quarter of 2025.

Including other income of INR 92.4 Cr, the company’s total revenue stood at INR 464.5 Cr in Q1 FY26. Total expenses surged to INR 246.5 Cr in the quarter, up 5% QoQ and 11% YoY.

(The story will be updated soon)

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