IndiaMART FY26 Net Profit Declines 13% Despite Revenue Growth

IndiaMART reported FY26 consolidated revenue growth of 13% to ₹15.69B but net profit declined 13% to ₹4.75B due to increased expenses and associate losses.
The Board proposed a final dividend of ₹30 per share plus a special dividend of ₹30 per share, totaling ₹60 per share for FY26 shareholders.
Significant investments totaling ₹7.15B in associates resulted in ₹547.72M share of losses, with additional impairments on portfolio companies including IB Monotaro.
Employee benefits expense rose 15% to ₹6.93B, including ₹347.36M in share-based payments, while contract liabilities increased to ₹19.65B indicating strong deferred revenue.