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- Standalone Revenue from Operations increased to Rs. 368 Crore, representing a growth of 9%
- Supplier Storefronts grew to 7 million, an increase of 6% YoY
- Net Profit for the quarter was Rs. 188 Crore, representing a margin of 35%.
Noida, India, January 20, 2026: IndiaMART InterMESH Limited (referred to as “IndiaMART” or the “Company”), today announced its financial results for the third quarter ending December 31, 2025.
Consolidated Financial Highlights (Q3 FY2026):
IndiaMART reported consolidated Revenue from Operations of Rs. 402 Crore as compared to Rs. 354 Crore in the corresponding quarter of last year, representing a growth of 13%. This includes IndiaMART Standalone Revenue of Rs. 368 Crore, representing YoY growth of 9% and Busy Infotech Revenue of Rs 32 Crore.
Collections from Customer grew to Rs. 426 Crore for the quarter, representing YoY growth of 17%, primarily comprising of IndiaMART Standalone Collections of Rs. 390 Crore, representing YoY growth of 14% and Busy Infotech Collections of Rs 33 Crore.
Deferred Revenue as on December 31, 2025 increased to Rs. 1,775 Crore representing a YoY growth of 19%. This primarily includes IndiaMART Standalone Deferred Revenue of Rs. 1,654 Crore and Busy Infotech Deferred Revenue of Rs. 112 Crore.
Net Profit for the quarter was Rs.188 Crore representing margin of 35%. Cash Flow from Operations for the quarter was Rs. 129 Crore. Cash and Investments balance stood at Rs. 3,051 Crore as on December 31, 2025.
Standalone Financial Highlights (Q3 FY2026):
Collections from Customer grew to Rs. 390 Crore for the quarter representing a YoY growth of 14% and Deferred Revenue as on December 31, 2025 increased to Rs. 1,654 Crore representing a YoY growth of 16%.
Standalone Revenue from Operations increased to Rs. 368 Crore as compared to Rs. 337 Crore last year representing a growth of 9%. The growth was primarily driven by improvement in realization from paying suppliers.
EBITDA for the quarter was Rs. 136 Crore representing margin of 37%. Net Profit for the quarter was Rs. 206 Crore.
Operational Highlights (Q3 FY2026):
IndiaMART registered Unique business enquiries of 28 million in Q3FY26. Supplier Storefronts grew to 8.7 million, an increase of 6% YoY and paying suppliers at the end of the quarter were 221K.
Commenting on the performance, Mr. Dinesh Agarwal, Chief Executive Officer, said:
We are focused on delivering sustained growth by strengthening our platform, enhancing quality, and improving experience and engagement for both buyers and suppliers, while reinforcing trust across the marketplace. These initiatives are supported by the rapid adoption of AI-enabled technologies. Underpinned by a robust business model and strong cash generation, we remain well positioned to drive sustainable, long-term value creation for all stakeholders.
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