IndiaMART posts Q1FY27 growth as broker keeps Hold rating amid churn concerns
IndiaMART InterMESH reported Q1FY27 revenue of ₹414 crore, up 11.4% year on year, and net income of ₹172 crore, up 12.2%. The broker retained a Hold call, citing churn and inquiry risks despite initiatives around retention, catalogue quality, curation and credit integration.
IndiaMART reported Q1FY27 revenue growth of 11.4% and net income growth of 12.2%. Management is prioritising retention, catalogue quality, curation and credit integration, while managing AI-related traffic risks. The broker retained its Hold rating, citing churn and inquiry concerns.
Why this matters
No related recent IndiaMART signals were provided. Q1FY27 combines double-digit revenue and profit growth with a continued Hold stance as the broker monitors churn and inquiry risks.
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