IndiaMART announced a strong Q3 FY2026 performance, with consolidated revenue from operations increasing by 13% YoY to ₹402 Crore. Consolidated EBITDA reached ₹134 Crore, representing a 33% margin. The company’s cash generation from operations grew by 13% YoY to ₹129 Crore. Deferred Revenue increased by 19% YoY, reaching ₹1,775 Crore.
Financial Performance
IndiaMART reported consolidated Revenue from Operations of ₹402 Crore for Q3 FY2026, a 13% increase compared to ₹354 Crore in the same quarter last year. IndiaMART Standalone Revenue contributed ₹368 Crore, reflecting a 9% YoY growth, while Busy Infotech Revenue amounted to ₹32 Crore.
Consolidated EBITDA stood at ₹134 Crore, representing an EBITDA margin of 33%. Cash generated from Operations for the quarter was ₹129 Crore, marking a 13% YoY increase.
Customer Collections and Deferred Revenue
Collections from customers grew to ₹426 Crore for the quarter, a 17% YoY increase. This comprised primarily of IndiaMART Standalone Collections of ₹390 Crore (14% YoY growth) and Busy Infotech Collections of ₹33 Crore.
Deferred Revenue as of December 31, 2025, increased to ₹1,775 Crore, representing a 19% YoY growth. This includes IndiaMART Standalone Deferred Revenue of ₹1,654 Crore and Busy Infotech Deferred Revenue of ₹112 Crore.
Profitability and Cash Position
Net Profit for the quarter was ₹188 Crore, representing a margin of 35%. The company’s Cash and Investments balance stood strong at ₹3,051 Crore as of December 31, 2025.
Standalone Performance Highlights
Standalone Revenue from Operations increased to ₹368 Crore, compared to ₹337 Crore in the previous year, representing a 9% growth. The growth was mainly driven by improved realization from paying suppliers.
EBITDA for the quarter was ₹136 Crore, representing a margin of 37%. Net Profit for the quarter reached ₹206 Crore.
Operational Highlights
IndiaMART registered Unique business enquiries of 28 million in Q3 FY26. Supplier Storefronts grew to 8.7 million, an increase of 6% YoY, with 221K paying suppliers at the end of the quarter.
Source: BSE
