Shares of IndiaMART Intermesh Ltd closed at ₹1,648.10 on the BSE, up 5.51% after the company announced a 9.8% YoY rise in net profit to ₹90.8 crore for Q2 FY27, and a 400‑basis‑point lift in EBITDA margin to 37.2% from 33.2%.
Revenue from operations grew 9.7% YoY to ₹429 crore, comprising ₹389 crore from the core IndiaMART platform and ₹37 crore from Busy Infotech. Cash flow from operating activities stood at ₹135 crore, while the cash and investments balance topped ₹3,234 crore as of September 30, 2026.
On a standalone basis, revenue rose 8% YoY to ₹389 crore, and EBITDA reached ₹156 crore with a margin of 40%, up from ₹129.7 crore and 33.2% a year ago. Net profit on the standalone entity hit ₹106 crore, and the company logged 27 million unique business enquiries, 8.9 million supplier storefronts, and 217,000 paying suppliers.
CEO Dinesh Agarwal said the focus remains on building a trusted marketplace, leveraging AI to enhance user experience and exploring new monetisation avenues. He added that the company’s strong cash generation positions it well for long‑term value creation.
IndiaMART is targeting 10–12% revenue growth and steady margins around 33% for FY27, with AI integration at the core of its growth strategy. The next earnings report is expected in Q3 FY27, but no new guidance has been released yet.