Shares of IndiaMART InterMESH Ltd surged more than 4% in morning trading on Wednesday after the company reported its consolidated results for the third quarter of FY26, showing sharp growth in net profit despite margin pressure.
IndiaMART posted consolidated revenue of ₹402 crore for Q3 FY26, registering a year-on-year growth of 13.4% compared with ₹354 crore in the same quarter last year. The revenue growth reflects steady traction in the company’s core B2B marketplace business and continued demand from paying suppliers across categories.
However, operating performance remained under pressure during the quarter. EBITDA declined by 3% year-on-year to ₹134 crore from ₹138 crore in Q3 FY25. As a result, the EBITDA margin contracted to 33.4%, down from 39% in the corresponding period last year, indicating higher operating expenses and investments in growth initiatives.
Despite the softer operating margin, IndiaMART delivered a strong bottom-line performance. Consolidated profit for the quarter rose sharply by 55.6% year-on-year to ₹188 crore, compared with ₹121 crore in Q3 FY25.
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