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Earnings · Software Platform · Mid cap

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.
Mkt cap₹11,760 cr
P/E24.78×
ROE19.78%
Debt / eq.0.00
Div yld3.04%
₹172.2 cr Consolidated net profit

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.
Mentioned: Accounting software segment · Web services segment
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Indiamart Intermesh Ltd.

Software Platform
₹10,575 cr
P/E 21.43×

Latest quarter · Jun 2026

Sales₹414 cr
Net profit₹187 cr
Op. margin+35.4%
EPS₹28.65

Strength & growth

Debt / equity0.00×
Current ratio2.21×
Sales CAGR+39.4%
  1. 21 Jul 2026 · 4:40 PM IST IndiaMART delivers 12% profit growth in June quarter, no surprises
  2. 3d ago IndiaMART Q1 transcript confirms revenue up 11%, supplier count drops 1,850