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

IndiaMART Profit Soars 55.6% Amidst AI Push

20 Jan

•

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.

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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.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
IndiaMART's net profit in Q3 FY26 was ₹188.3 crore, marking a 55.6% increase year-on-year.
IndiaMART's revenue from operations grew by 13.4% year-on-year, reaching ₹401.6 crore in Q3 FY26.
IndiaMART is focusing on strengthening its platform, improving quality and engagement, and leveraging AI technologies, according to CEO Dinesh Agarwal.

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