B2B e-commerce company IndiaMART InterMESH Ltd on Tuesday (October 27) reported a 9.8% year-on-year (YoY) increase in net profit to ₹90.8 crore for the second quarter, compared with ₹82.7 crore in the year-ago period.
Revenue from operations rose 9.7% YoY to ₹429 crore from ₹391 crore in the corresponding quarter last year. The revenue included ₹389 crore from IndiaMART’s standalone business and ₹37 crore from Busy Infotech.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 23.4% YoY to ₹160 crore, compared with ₹129.7 crore a year ago. EBITDA margin expanded by 400 basis points to 37.2% from 33.2% in the year-ago quarter.
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The cash flow from operations was ₹135 crore. The company’s cash and investments balance stood at ₹3,234 crore as of September 30, 2026.
Customer collections
Consolidated customer collections rose 9% YoY to ₹443 crore during the quarter, comprising ₹394 crore from IndiaMART’s standalone business and ₹46 crore from Busy Infotech. Deferred revenue as of September 30, 2026, increased 16% YoY to ₹2,029 crore, including ₹1,863 crore from the standalone business and ₹155 crore from Busy Infotech.
Standalone Results
On a standalone basis, revenue from operations grew 8% YoY to ₹389 crore from ₹360 crore in the year-ago quarter. The growth was primarily driven by an improvement in realisation from paying suppliers.
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Customer collections increased 8% YoY to ₹394 crore, while deferred revenue rose 14% YoY to ₹1,863 crore as of September 30, 2026. Standalone earnings before interest, tax, depreciation and amortisation (EBITDA) stood at ₹156 crore, with a margin of 40%. Standalone net profit for the quarter was ₹106 crore.
Business Enquiries at 27 million
Operationally, IndiaMART registered 27 million unique business enquiries in the second quarter of FY2027. Supplier storefronts increased 4% YoY to 8.9 million, while the number of paying suppliers stood at 217,000 at the end of the quarter.
Dinesh Agarwal, Chief Executive Officer, said, “We remain focused on driving sustainable growth by building a trusted and reliable marketplace for both buyers and sellers. Our efforts to strengthen platform trustworthiness are fostering greater confidence and deeper, more meaningful engagement across the marketplace.
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AI remains central to enhancing user experience, from discovery and matchmaking to conversational tools, while we also explore new monetisation avenues. With a robust business model and strong cash generation, we remain well positioned to create long-term value for all our stakeholders.”
Shares of IndiaMART InterMESH Ltd ended at ₹1,648.10, up by ₹86.10, or 5.51%, on the BSE.