Board Meeting Details

The Board of Directors meeting was held on October 27, 2026, commencing at 11:00 a.m. and concluding at 15:00 p.m. The meeting reviewed and approved the audited financial results.

Key Financial Figures - Consolidated Results

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹4,286 million (vs. ₹3,910 million in Q2 FY26, +9.6% YoY)
  • Other income: Negative ₹76 million (vs. ₹102 million in Q2 FY26)
  • Total income: ₹4,210 million
  • Employee benefits expense: ₹1,710 million
  • Depreciation and amortization: ₹64 million
  • Other expenses: ₹984 million
  • Profit before share of loss in associates and tax: ₹1,447 million
  • Share in net loss of associates: ₹153.60 million
  • Profit before tax: ₹1,294 million
  • Tax expense: ₹386 million (Current tax: ₹491 million, Deferred tax: Negative ₹105 million)
  • Net profit: ₹908 million (vs. ₹1,722 million in Q1 FY27, -47% QoQ)
  • Basic EPS: ₹15.09 (not annualized)
  • Diluted EPS: ₹15.05 (not annualized)

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹8,430 million (vs. ₹7,631 million in H1 FY26, +10.5% YoY)
  • Other income: ₹991 million
  • Total income: ₹9,421 million
  • Net profit: ₹2,630 million (vs. ₹2,362 million in H1 FY26, +11.3% YoY)
  • Basic EPS: ₹43.74 (not annualized)
  • Diluted EPS: ₹43.60 (not annualized)

Segment Performance - Consolidated

Web and Related Services

  • Q2 FY27 revenue: ₹3,888 million
  • Q2 FY27 segment result: ₹1,560 million
  • H1 FY27 revenue: ₹7,647 million

Accounting Software Services

  • Q2 FY27 revenue: ₹398 million
  • Q2 FY27 segment result: ₹32 million
  • H1 FY27 revenue: ₹783 million

Consolidated Balance Sheet (as of September 30, 2026)

  • Total assets: ₹46,088 million
  • Share capital: ₹601 million
  • Other equity: ₹22,562 million
  • Total equity: ₹23,163 million
  • Non-current liabilities: ₹9,037 million
  • Current liabilities: ₹13,888 million
  • Investments: ₹34,702 million
  • Cash and cash equivalents: ₹381 million

Standalone Financial Results

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹3,890 million
  • Other income: Negative ₹86 million
  • Net profit: ₹1,063 million
  • Basic EPS: ₹17.68
  • Diluted EPS: ₹17.64

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹7,649 million
  • Net profit: ₹2,824 million
  • Basic EPS: ₹46.96

Subsidiaries and Associates

The consolidated results include:

  • 5 subsidiaries with total assets of ₹2,160.49 million
  • 7 associates with share of net loss of ₹153.60 million for Q2 FY27 and ₹281.44 million for H1 FY27

Key subsidiaries include: Tradezeal Online Private Limited, Pay With Indiamart Private Limited, Busy Infotech Private Limited, Livekeeping Technologies Private Limited, IndiaMart Finance Limited.

Labour Code Impact Note

The disclosure notes the implementation of new Labour Codes effective from November 21, 2025, with rules notified only by four states. The company has recognized the impact in accordance with Ind AS 19 and will evaluate further impacts as rules are notified by remaining states.