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IndiaMART Profit Plummets 72% Despite Revenue Growth
30 Apr
Summary
- Q4 net profit dropped 72.2% to ₹50.2 crore.
- Revenue from operations grew 13.9% to ₹404.3 crore.
- Board recommended a ₹60 per share dividend payout.
IndiaMART Ltd announced a sharp 72.2% decrease in its net profit for the fourth quarter, amounting to ₹50.2 crore compared to ₹180.6 crore in the same period last year. This profit reduction occurred even as revenue from operations saw a healthy 13.9% year-on-year increase, reaching ₹404.3 crore.
The company's EBITDA experienced a marginal rise of 1.7% to ₹132.6 crore, though the EBITDA margin contracted to 32.8% from 36.7% year-on-year. CEO Dinesh Agarwal highlighted a continued focus on enhancing platform quality and buyer-seller engagement, with rapid adoption of AI tools for efficiency.
For the full fiscal year FY26, IndiaMART posted consolidated revenue of ₹1,569 crore, a 13% year-on-year growth. Standalone EBITDA was ₹520 crore with a 36% margin, and cash generated from operations stood at ₹694 crore.
The board has recommended a final dividend of ₹30 per share and a special dividend of ₹30 per share, totaling ₹60 per share, pending shareholder approval. The record date for this dividend payout has been set for June 19, 2026. IndiaMART's shares closed at ₹2,097.60 on April 30, 2026, marking a 1.56% decrease.
