IndiaMART InterMESH Reports Q2 Results: Revenue and Net Profit Show Healthy Growth

IndiaMART InterMESH Reports Q2 Results: Revenue and Net Profit Show Healthy Growth

IndiaMART InterMESH Reports Q2 Results: Revenue and Net Profit Show Healthy Growth​

IndiaMART InterMESH Ltd. has released its audited Consolidated and Standalone Interim Financial Statements for the quarter ended June 30, 2026, reflecting continued operational strength across its business segments. The results indicate growth in both consolidated and standalone revenue streams compared to the previous year.

The Company operates as a public entity providing an online B2B marketplace for products and services, helping businesses discover and connect with suppliers.

Consolidated Financial Highlights​

Consolidated figures show robust performance across various financial metrics. Total income reached 5,210.77 million INR, up from 4,645.39 million INR in the corresponding period of the previous year. The consolidated net profit for the quarter was reported at 1,722.38 million INR, compared to 1,535.41 million INR.

The consolidated balance sheet stood at 48,624.16 million INR, with total equity amounting to 22,195.98 million INR.

Key financial indicators for the quarter ended June 30, 2026, are summarized below:

Financial MetricQ2 FY26 (INR million)Q2 FY25 (INR million)
Total Income5,210.774,645.39
Net Profit for the period1,722.381,535.41
Basic Earnings per Equity Share (EPS)28.6625.59

Standalone Operational Performance​

On a standalone basis, the company also demonstrated significant growth. Revenue from operations for the quarter ended June 30, 2026, was recorded at 3,758.66 million INR, an increase from 3,462.99 million INR in the same period of the prior year. The standalone net profit for the period reached 1,760.48 million INR, compared to 1,660.07 million INR.

The Company maintained a total asset base of 48,217.87 million INR on the balance sheet date.

Business Segment and Geographic Insights​

IndiaMART InterMESH Ltd. reports two key business segments: "Web and related Services" and "Accounting Software Services." The revenue contribution from these segments is detailed below for Q2 FY26:

SegmentRevenue (INR million)
Web and related Services3,758.66
Accounting Software Services41.09
Total3,799.75

Geographically, the company's revenue from external customers was predominantly driven by the Indian market, with the overseas contribution recorded at a nominal level of 2.12 million INR for Web and related Services segment.

Financial Position Snapshot​

The balance sheet provides details on various assets and liabilities as of June 30, 2026:

CategoryConsolidated (INR million)Standalone (INR million)
Total Assets48,624.1648,217.87
Total Equity22,195.9823,046.11
Total Liabilities26,428.1824,570.41

Key components of financial assets include investments in mutual funds and exchange-traded funds at Fair Value Through Profit or Loss (FVTPL), totaling over 21,305 million INR as per the consolidated statements. The company's total non-current assets stood at 14,238.41 million INR consolidated.

The balance sheet details for current liabilities include trade receivables of 53.35 million INR and contractual liabilities amounting to 675.17 million INR in the consolidated report.

Related Party Transactions​

Throughout the period, various related party transactions were conducted on terms equivalent to those prevailing in arm’s length dealings. The outstanding balance at the end of the reporting period included investments in associated companies such as Simply Vyapar Apps Private Limited and Fleetx Technologies Private Limited.

The company's management provided functional-wise results of operations, which include:

  • Revenue from Operations: 3,758.66 million INR (Q2 FY26).
  • Customer Service Cost: 1,570.89 million INR (Q2 FY26).
  • Earnings before interest, tax, depreciation and amortization: 1,492.80 million INR (Q2 FY26).

The consolidated financial statements confirm that the company's performance, encompassing revenue and profit metrics, was reported in accordance with Indian Accounting Standard (Ind AS) 34.

INDIAMART Stock Price Movement​

Indiamart Intermesh Limited shares today slipped by 1.29% to close at ₹1918, following a sharp downturn in the stock. The equity saw its trading conclude amidst high volume of 253,786 shares.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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