IndiaMart InterMesh Share Price Target 2026: As the Q4 earning season gains momentum, sectors such as banking, metals, auto, pharma and infrastructure have announced key regulatory updates, strategic developments and corporate actions, setting the stage for market sentiment. While some stocks are believed to maintain their positions, others will likely face the heat. Meanwhile, brokerage firm Nuvama has initiated coverage on B2B e-commerce company IndiaMart InterMesh Ltd after Q4 results.
IndiaMART is an online B2B marketplace, connecting buyers with suppliers across a wide range of industries. The company’s platform helps small and medium enterprises, large enterprises and buyers to access portfolios of various products.
The company claims to empower 86 lakh suppliers by connecting them with 21.9 crore buyers.
IndiaMart InterMesh has reported a 72.2 per cent decline in consolidated net profit to Rs 50.2 crore for the March quarter.
The company had posted a net profit of Rs 180.6 crore during the January-March period a year ago, according to a regulatory filing by IndiaMart InterMesh Ltd (IIL).
Its revenue from operations increased 13.85 per cent to Rs 404.3 crore in the March quarter. It was Rs 355.1 crore in the year-ago period.
IIL’s total expenses climbed 19 per cent to Rs 279.3 crore in the March quarter.
However, the total income of IIL, which includes other income, fell 20.15 per cent to Rs 370.4 crore.
Its revenue from ‘Web and related services’ was Rs 368.3 crore, and Rs 36.1 crore from Accounting Software services.
For the entire FY26, IIL reported a decline of 13.8 per cent in its net profit to Rs 474.7 crore. The total consolidated income rose 6.8 per cent to Rs 1,773.1 crore.
Chief Executive Officer Dinesh Agarwal said, “We remain focused on driving sustained growth by continuously enhancing platform quality, deepening buyer–seller engagement, and building a more trusted marketplace experience. Our rapid adoption of AI, spanning from standardised cataloguing, precise matchmaking results, to conversational AI tools, is making the experience more seamless and efficient”.
Q3 Results FY 2026
The company reported a 56 per cent jump in its December quarter consolidated net profit at Rs 188 crore versus Rs 121 crore in the year ago period. The company reported a 13 per cent growth in its consolidated revenue from operations at Rs 402 crore as compared to Rs 354 crore in the corresponding quarter of last year.
