IndiaMART announced its Q2 FY2026 results, reporting a 12% YoY increase in consolidated revenue from operations, reaching ₹391 Crore. Consolidated EBITDA stood at ₹130 Crore, with a margin of 33%. The company’s focus on strengthening its platform and enhancing user experience has driven consistent growth. Unique business inquiries also saw a substantial increase, reflecting strong market engagement.
Financial Performance in Q2 FY2026
IndiaMART reported a consolidated Revenue from Operations of ₹391 Crore for Q2 FY2026, marking a 12% increase compared to ₹348 Crore in the corresponding quarter of the previous year. This includes ₹360 Crore from IndiaMART Standalone Revenue, representing a 9% YoY growth, and ₹29 Crore from Busy Infotech Revenue.
Key Financial Highlights
The company’s Consolidated EBITDA for the quarter reached ₹130 Crore, resulting in an EBITDA margin of 33%. Cash generated from Operations amounted to ₹114 Crore. Collections from customers grew to ₹406 Crore, showing a 14% YoY growth. Deferred Revenue as of September 30, 2025, increased to ₹1,750 Crore, reflecting an 18% YoY increase.
Net Profit for the quarter was reported at ₹83 Crore, representing a margin of 21%. The Cash and Investments balance stood at ₹2,874 Crore as of September 30, 2025.
Operational Achievements
IndiaMART registered 31 million Unique business inquiries in Q2 FY26, representing a YoY growth of 12%. Supplier Storefronts grew to 8.6 million, an increase of 6% YoY. The number of paying suppliers at the end of the quarter reached 222K, with a net addition of 4K.
Management Commentary
Mr. Dinesh Agarwal, Chief Executive Officer, stated, “We are committed to sustaining our growth momentum, with a continued focus on strengthening the platform, improving user experience for both buyers and suppliers, driving better engagement and conversion, enhancing customer servicing, and building a trusted platform. With a sound business model and businesses embracing digital solutions, we remain focused on creating long-term value for all stakeholders.”
Source: BSE
