IndiaMART InterMESH Ltd., India’s leading B2B e-commerce platform, has reported a significant 39% year-on-year (YoY) decline in its consolidated net profit for the second quarter of FY26, amounting to ₹83 crore. This marks a sharp contrast to the ₹136 crore profit recorded in the same quarter of the previous fiscal year.
Financial Performance Overview
For the quarter ended September 30, 2025, IndiaMART achieved a consolidated revenue from operations of ₹347.7 crore, reflecting an 18% increase from ₹295 crore in Q2 FY25. Despite this revenue growth, the company’s net profit margin contracted to 24%, down from 46% in the corresponding period last year.
The decline in profitability is attrib
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