IndiaMART Intermesh Approves Financial Results and Incorporation of Wholly Owned Subsidiary
IndiaMART Intermesh Limited announced the approval of its Audited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. The company also greenlit the incorporation of a new Wholly Owned Subsidiary, designed to assist users with short-term financial requirements.The board meeting, held on July 21, 2026, reviewed the results and ratified the proposal for the subsidiary.
Quarterly Financial Performance
The Audited Consolidated Financial Results for the quarter ended June 30, 2026, showed total income of 5,211 million INR, while Net Profit for the period stood at 1,722 million INR.In the standalone segment, Revenue from operations was 3,759 million INR, and Net Profit for the quarter reached 1,761 million INR.
Key financial figures across both consolidated and standalone results are summarized below:
Consolidated Financial Results (Quarter Ended June 30, 2026) in INR Million
| Particulars | Amount |
|---|---|
| Total Income | 5,211 |
| Total Expenses | 2,748 |
| Profit before tax | 2,317 |
| Total Tax Expense | 595 |
| Net Profit for the period | 1,722 |
Standalone Financial Results (Quarter Ended June 30, 2026) in INR Million
| Particulars | Amount |
|---|---|
| Total Income | 4,640 |
| Total Expenses | 2,297 |
| Profit before tax | 2,343 |
| Total Tax Expense | 582 |
| Net Profit for the period | 1,761 |
Segment and Operational Review
The company's business segments are "Web and Related Services" and "Accounting Software Services." As per the consolidated results, revenue from operations for Web and related services stood at 3,759 million INR, while Accounting Software services contributed 385 million INR. The total revenue reflected in the consolidation was 4,144 million INR.The audited financial statements provide a true and fair view of the Group's consolidated net profit/loss and other comprehensive income for the quarter ended June 30, 2026.
Incorporation of IndiaMART Finance Limited
A key decision made during the board meeting was the approval for incorporating 'IndiaMART Finance Limited,' which will operate as a Wholly Owned Subsidiary of IndiaMART Intermesh Limited in India.The subsidiary is aimed at strengthening user engagement and retention on the company's platform by primarily enabling business users to meet their short-term working capital needs or financial requirements.
Details regarding the incorporation are as follows:
| Particulars | Details |
|---|---|
| Proposed Company Name | IndiaMART Finance Limited |
| Country of Incorporation | India |
| Relationship with Holding Company | Wholly Owned Subsidiary |
| Primary Business Objective | To meet short-term working capital needs/financial requirements of business users on the platform. |
| Paid Up Capital | 5,00,000/- (Rupees Five Lakhs Only) |
| Shares Allotted | 50,000 Equity Shares of Rs. 10/- each |
| Subscription Nature | 100% subscription in cash |
INDIAMART Stock Price Movement
Shares of Indiamart Intermesh Limited today slipped by 1.63% to settle at ₹1927.5. The stock traded amidst significant volume, with total shares reaching 188,420 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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