IndiaMART delivers 12% profit growth in June quarter, no surprises
IndiaMART's June-quarter revenue and profit both rose in double digits, in line with its steady growth trajectory. The filing carries no new guidance or strategic pivot.
— 1 earlier story on Indiamart Intermesh Ltd. →What's new
- IndiaMART's June quarter net profit rose 12.2% YoY to ₹172.2 cr.
- Revenue grew 11.4% to ₹414.4 cr, led by web services (+8.5%) and accounting software (+49.2%).
- Other income contributed ₹106.7 cr; board approved statements.
Why this matters
IndiaMART's results are steady. The 49% jump in accounting software shows cross-selling traction. With P/E at 25x and ROE near 20%, this quarter confirms the story rather than changing it.
What we're watching
- Whether management provides any demand outlook for the rest of the year.
- Sustainability of other income at these levels.
- Any update on new product launches.
The full read
It's a steady quarter. IndiaMART's ₹172.2 cr net profit and 11.4% revenue growth match the historical script, with the 49.2% surge in accounting software hinting at cross-sell traction and other income remaining elevated at ₹106.7 cr — worth watching. Zero debt and a 24.8x trailing P/E mean the stock prices in this smooth performance. The filing offers no fresh clues on whether B2B demand holds through the second half.
Questions answered
- What drove IndiaMART's revenue growth in the June quarter?
- Revenue rose 11.4% to ₹414.4 cr, driven by web services (up 8.5%) and accounting software (up 49.2%).
- Did IndiaMART provide any future guidance?
- No. This was a routine quarterly filing with no forward guidance or strategic updates.
- How much other income did IndiaMART report?
- Other income stood at ₹106.7 cr for the quarter.
- What is IndiaMART's debt position?
- IndiaMART is debt-free, with a debt/equity ratio of 0.00 as per the latest data.
Indiamart Intermesh Ltd.
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All notes on INDIAMART →- 21 Jul 2026 · 4:40 PM IST IndiaMART delivers 12% profit growth in June quarter, no surprises
- 3d ago IndiaMART Q1 transcript confirms revenue up 11%, supplier count drops 1,850