IndiaMART Q1: Profit Rises 12% YoY To ₹172 Cr, Plans Lending Foray

Summary

B2B ecommerce company IndiaMART InterMESH reported a 12% increase in its consolidated net profit to ₹172.2 Cr in the first quarter of FY27 from ₹153.5 Cr a year earlier. On a sequential basis, profit zoomed over 3.4X from ₹50.2 Cr. Operating revenue increased 11% YoY and 3% QoQ to ₹414.4 Cr. Including other income of ₹106.7 Cr, total income for the quarter stood at ₹521.1 Cr. IndiaMART’s EBITDA increased 10% YoY as well as QoQ to ₹14.6 Cr.