What was IndiaMART's net profit in Q3 FY26?

IndiaMART's net profit in Q3 FY26 was ₹188.3 crore, marking a 55.6% increase year-on-year.

How did IndiaMART's revenue perform in the December quarter?

IndiaMART's revenue from operations grew by 13.4% year-on-year, reaching ₹401.6 crore in Q3 FY26.

What is IndiaMART's strategy moving forward?

IndiaMART is focusing on strengthening its platform, improving quality and engagement, and leveraging AI technologies, according to CEO Dinesh Agarwal.

Home / Business and Economy / IndiaMART Profit Soars 55.6% Amidst AI Push

IndiaMART Profit Soars 55.6% Amidst AI Push

20 Jan

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Summary

Net profit surged 55.6% YoY to ₹188.3 crore in Q3 FY26.
Revenue grew 13.4% YoY to ₹401.6 crore in the December quarter.
Unique business enquiries reached 28 million during Q3 FY26.

IndiaMART Profit Soars 55.6% Amidst AI Push

IndiaMART InterMESH reported a significant financial upswing in the December quarter of FY26, with net profit escalating by 55.6% year-on-year to ₹188.3 crore. This strong performance was achieved against ₹121 crore in the same period last year.

Revenue from operations saw a respectable 13.4% increase, reaching ₹401.6 crore compared to ₹354.3 crore in the corresponding quarter of FY25. Collections from customers also demonstrated a positive trend, climbing 17% year-on-year to ₹426 crore.

Operationally, the marketplace facilitated 28 million unique business enquiries in Q3 FY26. The number of supplier storefronts grew by 6% year-on-year to 8.7 million, with 221,000 paying suppliers recorded at the quarter's end.

CEO Dinesh Agarwal expressed confidence in the company's strategic direction, emphasizing the integration of AI-enabled technologies to fortify the platform, enhance buyer and supplier engagement, and foster marketplace trust.

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