Indiamart Intermesh Reports 9.8% Rise in Q2 Net Profit to ₹90.7 Crore

NEW DELHI — B2B e-commerce firm Indiamart Intermesh Ltd on Tuesday announced its financial results for the quarter ending September, reporting a consolidated net profit of ₹90.7 crore. This marks a 9.8 per cent increase compared to the net profit of ₹82.64 crore recorded during the same period in the previous fiscal year.

According to the company's regulatory filing, revenue from operations for the July-September quarter stood at ₹428.64 crore, reflecting a 9.6 per cent year-on-year growth from ₹391.04 crore reported in the corresponding quarter of the previous year.

The company's total expenses for the quarter under review were recorded at ₹276.27 crore, representing a 2.64 per cent increase compared to the previous year. Meanwhile, total income for the second quarter of the current fiscal rose by 4.95 per cent to reach ₹421 crore.

Following the announcement of the financial results, shares of Indiamart Intermesh Ltd settled 4.09 per cent higher at ₹1,625.95 apiece on the Bombay Stock Exchange (BSE).

"Indiamart's latest quarterly numbers demonstrate steady financial performance, balancing top-line growth with controlled expenses. For established digital marketplaces in India, maintaining operational efficiency while scaling revenue remains critical to sustaining investor confidence in the public markets. Managing cost increases while steadily expanding operational income will be key to long-term profitability in the B2B segment." — Dr. Shishir Gupta, Founder & CEO, StartupLanes