IndiaMART InterMESH Limited: Latest Updates

Quarterly Financial Performance (Q1 FY26) Revenue and Profit: The company reported strong financial results for the quarter ending June 30, 2025 (Q1 FY26). Consolidated revenue from operations grew by 12% year-on-year (YoY) to ₹372 crore. Consolidated net profit saw a significant increase of around 35% YoY to ₹154 crore. Customer Metrics: Operational engagement remained high, with unique business enquiries growing by 17% YoY to 29 million. The base of paying suppliers expanded, ending the quarter with 218,000, which reflects a net addition of 1,500 new paying suppliers during the quarter. Collections and Deferred Revenue: Collections from customers saw a 17% YoY increase to ₹430 crore. Deferred revenue, which represents subscriptions paid in advance, grew by 18% YoY to ₹1,735 crore as of the quarter end. Corporate and Subsidiary Updates Board Change: Mr. Rajesh Sawhney completed his second tenure as a Non-Executive Independent Director of the company and consequently ceased to be a Director effective from the close of business hours on September 22, 2025. Acquisition Completion: IndiaMART completed the acquisition of the remaining stake in the SaaS startup Livekeeping Technologies Private Limited, making it a wholly owned subsidiary. Livekeeping offers a Tally-integrated application for features like payment reminders and financial tracking. Investment in Logistics: The company previously announced an investment of ₹41 crore in Fleetx Technologies Private Limited, an AI-powered fleet and logistics optimization platform, which resulted in a 22.25% stake. This aligns with its strategy to expand its B2B SaaS offerings.