IndiaMART InterMESH Ltd. reported a consolidated net profit of ₹1.53 billion for the quarter ended June 30, 2025, compared to ₹1.81 billion in the previous quarter and ₹1.14 billion in the corresponding quarter last year. The company's revenue from operations increased by 12.3% year-on-year to ₹3.72 billion. The Board of Directors also appointed Ms. Vasuta Agarwal as an Additional Director under the category of 'Non-Executive Independent Director' effective July 18, 2025, for a term of 3 years, subject to shareholder approval.
| Particulars | Q1 FY26 | Q4 FY25 | YoY Change | Q1 FY25 | YoY Change |
|---|---|---|---|---|---|
| Revenue from operations | 3,721 | 3,551 | +4.8% | 3,313 | +12.3% |
| Other Income | 924 | 1,088 | -15.1% | 532 | +73.7% |
| Total Income | 4,645 | 4,639 | +0.1% | 3,845 | +20.8% |
| Employee benefits expense | 1,610 | 1,574 | +2.3% | 1,432 | +12.4% |
| Finance costs | 10 | 17 | -41.2% | 20 | -50.0% |
| Depreciation and amortisation expense | 69 | 83 | -16.9% | 81 | -14.8% |
| Other expenses | 776 | 673 | +15.3% | 686 | +13.1% |
| Total expenses | 2,465 | 2,347 | +5.0% | 2,219 | +11.1% |
| Profit before share of loss in associates and tax | 2,180 | 2,292 | -5.0% | 1,626 | +34.1% |
| Share in net loss of associates | (141) | (111) | +27.0% | (112) | +25.9% |
| Profit before tax | 2,039 | 2,181 | -6.5% | 1,514 | +34.7% |
| Current tax | 389 | 397 | -2.0% | 293 | +32.8% |
| Deferred tax | 115 | (22) | NA | 81 | +42.0% |
| Total tax expense | 504 | 375 | +34.4% | 374 | +34.8% |
| Net Profit for the period | 1,535 | 1,806 | -15.0% | 1,140 | +34.6% |
| Other comprehensive (loss)/income (net of tax) | (22) | (4) | NA | 15 | NA |
| Total comprehensive income for the period | 1,513 | 1,802 | -16.0% | 1,155 | +31.0% |
| Paid up equity share capital (face value: INR 10/- each) | 600 | 600 | 0.0% | 600 | 0.0% |
| Basic earnings per equity share (INR 10 per share) (Not annualised) | 25.59 | 30.14 | -15.1% | 19.00 | +34.7% |
| Diluted earnings per equity share (INR 10 per share) (Not annualised) | 25.52 | 30.06 | -15.1% | 18.96 | +34.6% |
Financial Performance
The company's revenue from operations for the quarter ended June 30, 2025, stood at ₹3.72 billion, an increase of 12.3% compared to ₹3.31 billion in the corresponding quarter of the previous year. Total income for the quarter was ₹4.65 billion, up 20.8% from ₹3.85 billion in the same period last year. However, the net profit for the quarter decreased to ₹1.54 billion, compared to ₹1.81 billion in the previous quarter and ₹1.14 billion in the corresponding quarter last year. This translates to a basic earnings per share of ₹25.59 and a diluted earnings per share of ₹25.52.Segment Information
IndiaMART InterMESH Limited operates in two primary segments: "Web and Related Services" and "Accounting Software Services". The revenue from "Web and Related Services" was ₹3.46 billion, while "Accounting Software Services" contributed ₹258 million during the quarter. The segment results showed a profit of ₹1.34 billion for "Web and Related Services" and a loss of ₹6 million for "Accounting Software Services".Additional Director Appointment
The Board of Directors has appointed Ms. Vasuta Agarwal as an Additional Director under the category of 'Non-Executive Independent Director', effective July 18, 2025, for a term of 3 years, subject to shareholder approval. This decision was based on the recommendations of the Nomination and Remuneration Committee.Other Key Points
- The results for the quarter ended June 30, 2025, are available on the BSE Limited and National Stock Exchange of India Limited websites, as well as on the company's website.
- A composite scheme of amalgamation amongst wholly-owned subsidiaries was approved during the previous year, with the Hon'ble National Company Law Tribunal (NCLT) Chandigarh Bench sanctioning the scheme on January 17, 2025.
