New Delhi Indiamart Intermesh Ltd, a B2B e-commerce company, on Thursday reported a 72.2 per cent decline in consolidated net profit to ₹50.2 crore for the March quarter.
The company had posted a net profit of ₹180.6 crore during the January-March period a year ago, according to a regulatory filing by Indiamart Intermesh Ltd (IIL).
Its revenue from operations increased 13.85 per cent to ₹404.3 crore in the March quarter. It was ₹355.1 crore in the year-ago period.
IIL's total expenses climbed 19 per cent to ₹279.3 crore in the March quarter.
However, the total income of IIL, which includes other income, fell 20.15 per cent to ₹370.4 crore.
Its revenue from 'Web and related services' was ₹368.3 crore, and ₹36.1 crore from Accounting Software services.
For the entire FY26, IIL reported a decline of 13.8 per cent in its net profit to ₹474.7 crore. The total consolidated income rose 6.8 per cent to ₹1,773.1 crore.
Commenting on the results, Chief Executive Officer Dinesh Agarwal said, "We remain focused on driving sustained growth by continuously enhancing platform quality, deepening buyer–seller engagement, and building a more trusted marketplace experience. Our rapid adoption of AI, spanning from standardised cataloguing, precise matchmaking results, to conversational AI tools, is making the experience more seamless and efficient".
Published on May 1, 2026