Indiamart Intermesh's Q2 FY 2025-26 Quarterly Results

Result Summary

• Indiamart Intermesh Ltd reported a 13.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.9%.
• Its expenses for the quarter were up by 9.2% QoQ and 20.6% YoY.
• The net profit decreased 46.1% QoQ and decreased 38.8% YoY.
• The earnings per share (EPS) of Indiamart Intermesh Ltd stood at 13.71 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Indiamart Intermesh Ltd is a prominent player in the e-commerce sector, focusing primarily on providing a B2B marketplace for connecting buyers and suppliers. The company's platform serves as a virtual marketplace, facilitating trade across various industries by offering a wide array of products and services. As of the latest data available, Indiamart Intermesh Ltd has been actively involved in expanding its digital footprint and enhancing its platform's capabilities to cater to the diverse needs of small to medium enterprises (SMEs). While specific recent major developments are not detailed in the provided data, the company is known for continuously evolving its technological infrastructure and service offerings to remain competitive in the dynamic e-commerce landscape.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Indiamart Intermesh Ltd reported a total income of ₹401.20 crores. This represents a decrease of 13.6% compared to the previous quarter (Q1FY26), where the total income was ₹464.50 crores. On a year-over-year basis, comparing Q2FY26 to the same quarter in the previous fiscal year (Q2FY25), there was a slight decline of 2.9% from ₹413.20 crores. The variations in total income over the quarters and year indicate fluctuations in the company's revenue generation, which could be attributed to various internal and external factors affecting business operations during these periods.

Profitability

The company's profitability metrics for Q2FY26 show a significant decrease when compared to both the preceding quarter and the same quarter in the previous year. The profit before tax for Q2FY26 was ₹132.00 crores, which indicates a drop of 39.4% from Q1FY26's ₹218.00 crores and a 30.5% decline from Q2FY25's ₹190.00 crores. Similarly, the profit after tax in Q2FY26 stood at ₹82.70 crores, showing a decrease of 46.1% quarter-over-quarter from ₹153.50 crores in Q1FY26 and a 38.8% decline year-over-year from ₹135.10 crores in Q2FY25. The earnings per share (EPS) followed this downward trend, registering at ₹13.71 in Q2FY26, down 46.3% from Q1FY26 and 39.0% from Q2FY25. These declines in profitability metrics reflect the company's challenges in maintaining profit margins amidst changing market conditions.

Operating Metrics

Total expenses for Indiamart Intermesh Ltd in Q2FY26 were reported at ₹269.20 crores, marking an increase of 9.2% from the previous quarter's ₹246.50 crores and a 20.6% rise compared to ₹223.20 crores in Q2FY25. The upward trend in expenses suggests a higher cost structure, which may have impacted the company's overall profitability. The tax expense in Q2FY26 was ₹35.90 crores, showing a decrease of 28.8% from Q1FY26's ₹50.40 crores and a 14.9% reduction from Q2FY25's ₹42.20 crores. These variations in operating expenses and tax liabilities over different periods highlight the dynamic nature of the company’s operational and financial management strategies.