IndiaMART InterMESH Limited releases Q2FY27 results, reports consolidated Revenue Rs. 429 Crore, representing a growth of 10%
IndiaMART InterMESH Limited (referred to as “IndiaMART” or the “Company”), today announced its financial results for the second quarter ending September 30, 2026.
Consolidated Financial Highlights (Q2 FY2027):
IndiaMART reported consolidated Revenue from Operations of Rs. 429 Crore as compared to Rs. 391 Crore in the corresponding quarter of last year, representing a growth of 10%. This includes IndiaMART Standalone Revenue of Rs. 389 Crore and Busy Infotech Revenue of Rs 37 Crore.
Collections from Customer grew to Rs. 443 Crore for the quarter, representing YoY growth of 9%, primarily comprising IndiaMART Standalone Collections of Rs. 394 Crore and Busy Infotech Collections of Rs 46 Crore.
Deferred Revenue as on September 30, 2026 increased to Rs. 2,029 Crore representing a YoY growth of 16%. This primarily includes IndiaMART Standalone Deferred Revenue of Rs. 1,863 Crore and Busy Infotech Deferred Revenue of Rs. 155 Crore.
Net Profit for the quarter was Rs. 91 Crore. Cash Flow from Operations for the quarter was Rs. 135 Crore. Cash and Investments balance stood at Rs. 3,234 Crore as on September 30, 2026.
Standalone Financial Highlights (Q2 FY2027):
Standalone Revenue from Operations increased to Rs. 389 Crore as compared to Rs. 360 Crore last year representing a growth of 8%. The growth was primarily driven by improvement in realization from paying suppliers.
Collections from Customer grew to Rs. 394 Crore for the quarter representing a YoY growth of 8% and Deferred Revenue as on September 30, 2026 increased to Rs. 1,863 Crore representing a YoY growth of 14%.
EBITDA for the quarter was Rs. 156 Crore representing margin of 40%. Net Profit for the quarter was Rs. 106 Crore.
Operational Highlights (Q2 FY2027):
IndiaMART registered Unique business enquiries of 27 million in Q2FY27. Supplier Storefronts grew to 8.9 million, an increase of 4% YoY and paying suppliers at the end of the quarter were 217K.
Commenting on the performance, Mr. Dinesh Agarwal, Founder & CEO, said, “We remain focused on driving sustainable growth by building a trusted and reliable marketplace for both buyers and sellers. Our efforts to strengthen platform trustworthiness are fostering greater confidence and deeper, more meaningful engagement across the marketplace. AI remains central to enhancing user experience, from discovery and matchmaking to conversational tools, while we also explore new monetisation avenues. With a robust business model and strong cash generation, we remain well positioned to create long-term value for all our stakeholders.”
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