IndiaMART reports robust Q2 FY26 revenue, collections growth

IndiaMART InterMESH Ltd. reported a consolidated revenue from operations of INR 391 crores for Q2 FY26, marking a 12% year-on-year growth. Collections from customers also saw a significant rise to INR 406 crores, representing a 14% year-on-year increase. Consolidated deferred revenue grew by 18% year-on-year to INR 1,750 crores. The company's consolidated EBITDA for the quarter stood at INR 130 crores, achieving a margin of 33%.

Unique business inquiries reached 31 million in Q2, up 12% year-on-year, while the total number of paying suppliers was 222,000. Net additions of paying suppliers for the quarter were approximately 2,800, excluding a one-time benefit of 1,200 due to a simplified onboarding process. The normalized net paying supplier addition was 3,951.

Consolidated net profit for the quarter was INR 83 crores, with consolidated cash generated from operations at INR 114 crores. Cash and treasury balances as of September 30, 2025, were INR 2,874 crores. The company noted a decline in other income from INR 92 crores to INR 10 crores, primarily due to mark-to-market losses on its treasury portfolio.