Profit Plunges 39% YoY To INR 83 Cr

On a sequential basis, profit plunged 47% from INR 151.3 Cr

The company’s profit declined despite a 13% YoY and 5% QoQ increase in operating revenue to INR 391 Cr during the quarter under review

Expenses surged 21% YoY and 9% QoQ to INR 269.2 Cr

B2B ecommerce company IndiaMART InterMESH’s consolidated net profit crashed 39% to INR 82.7 Cr in Q2 FY26 from INR 134.5 Cr in the year-ago quarter due to fall in margins. On a sequential basis, profit plunged 47% from INR 151.3 Cr.

The company’s profit declined despite…