IndiaMART InterMesh Restricted, a dad or mum firm of Enterprise-to-Enterprise (B2B) market IndiaMart, stated its revenue stood at Rs 153.50 crore for the primary quarter of the monetary yr 2026 (Q1 FY26), falling over 14 per cent sequentially.
The corporate had posted a revenue of Rs 180.6 crore within the January-March quarter (This autumn FY25), as per an change submitting.
In the meantime, the B2B market supplier’s consolidated internet revenue jumped 34 per cent year-on-year (YoY) from Rs 115.50 crore within the corresponding quarter a yr in the past.
Income from operations stood at Rs 372.10 crore within the quarter below evaluate, up 4 per cent sequentially from Rs 355.10 crore and 12 per cent YoY from Rs 331.30 crore, its submitting stated.
Going ahead, the corporate’s whole bills for the quarter sat at Rs 246.5 crore, up over 11 crore from Rs 234.7 crore in This autumn FY25 and Rs 24.6 crore from Rs 221.9 crore in the identical quarter final yr.
“We proceed to construct on our development momentum, underpinned by a wholesome enhance in income, deferred income and money flows,” stated Dinesh Agarwal, Chief Govt Officer of the corporate.
Our focus stays on strengthening the platform, enhancing consumer expertise for each patrons and suppliers, and bettering our choices consistent with the evolving wants of companies, Agarwal added.
IndiaMART registered distinctive enterprise enquiries of 29 million in Q1 FY26, representing a YoY development of 17 per cent, the corporate stated. Provider Storefronts grew to eight.4 million, a rise of 6 per cent YoY and paying suppliers on the finish of the quarter had been 2.18 lakh, representing a internet addition of 1,500.
The agency connects patrons and sellers throughout product classes and geographies in India, making enterprise simpler.
In the meantime, the corporate’s shares led to inexperienced at Rs 2,655.0, up 1.08 per cent on the Nationwide Inventory Trade (NSE), on Friday.
Keep forward of the curve with NextBusiness 24. Discover extra tales, subscribe to our e-newsletter, and be a part of our rising neighborhood at nextbusiness24.com
