Please find enclosed herewith the copy of Audited Consolidated and Standalone Financial Statements of the Company along with the Auditor's Report thereon for the quarter and financial year ended March 31, 2026.The Financial Statements along with the Auditor's Report are also being disseminated on the Company s website at https://investor.indiamart.com/FinancialResultsStatements.aspx.
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IndiaMART InterMESH Limited has released its audited consolidated financial results for FY2026. The company reported revenue from operations of ₹15,690.42 million, up 13% from ₹13,883.44 million in FY2025. However, profit after tax (PAT) declined to ₹4,746.82 million from ₹5,506.98 million in the previous year, a drop of approximately 14%. This PAT decline occurred despite EBITDA expanding to ₹10,704.30 million from ₹9,059.02 million. The key driver of the profit decline is the increased share of loss from associates, which widened to ₹547.72 million from ₹490.51 million. Total assets grew to ₹46,246.03 million from ₹41,336.85 million. The auditor B S R & Co. LLP issued a clean/unqualified opinion with no going concern issues.
While revenue growth and EBITDA margin expansion are positive, the 14% decline in PAT despite these improvements signals that associate losses are weighing on bottom-line performance. Shareholders should monitor the performance of associate investments going forward.