IndiaMART Q1 profit rises 12% to ₹172 crore; board clears lending subsidiary
IndiaMART’s Q1 FY27 operating revenue grew 11% year-on-year to ₹414.4 crore, while net profit reached ₹172.2 crore. The B2B marketplace also approved IndiaMART Finance, a proposed wholly owned unit for short-term working-capital loans to buyers and suppliers, subject to approvals.
IndiaMART reported Q1 FY27 profit of ₹172.2 crore, up 12% year-on-year, with operating revenue rising 11%. Its board approved IndiaMART Finance, a wholly owned subsidiary to offer short-term working-capital credit to marketplace buyers and suppliers.
Why this matters
The results and finance-unit plan follow IndiaMART's recent AI-spending push to remove fake listings, improve buyer matching and pursue 1 million sellers.
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