IndiaMART InterMESH Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
IndiaMART reported consolidated revenue from operations of Rs. 414 crores in Q1 FY27, up about 11% year-on-year, with collections from customers growing 8% and deferred revenue growing 16%. The paying supplier base declined by 1,850 during the quarter due to moderation in gross additions and elevated churn at the Silver subscription tier, while Platinum and Gold subscribers continued to show good upsell and retention. Management also announced the creation of a new subsidiary, IndiaMART Finance Limited, to facilitate short-term transaction financing for MSMEs, and provided an update on BUSY Infotech's billing and revenue growth.
IndiaMART reported consolidated revenue from operations of Rs. 404 crores in Q4 FY26, up about 14% year-on-year, and Rs. 1,569 crores for the full year, up about 13%. The number of paying suppliers declined by 1,200 in the quarter, which management attributed to moderation in gross additions following a price increase in the Silver subscription tier and geopolitical disruption in March. The Board recommended a total dividend of Rs. 60 per share, comprising a final dividend of Rs. 30 and a special dividend of Rs. 30, subject to shareholder approval.