IndiaMART Intermesh Q2 Results: Net profit up 10%, EBITDA margin improves 400 bps

What happened

IndiaMART InterMESH reported a 9.8% year-on-year rise in net profit to ₹90.8 crore for the second quarter, up from ₹82.7 crore. Revenue rose 9.7% to ₹429 crore, and EBITDA, which means earnings before interest, tax, depreciation and amortisation, margin expanded 400 basis points to 37.2%.

Confirmed

Global impact / market context

A wider EBITDA margin, which means more operating profit per rupee of sales, shows IndiaMART kept a larger share of each sale after running costs. Higher profit and revenue together can support investor confidence in the company's core business.

Analyst inference

The shares ended at ₹1,648.10, up ₹86.10 or 5.51% on the BSE, showing buyers responded positively to the margin improvement. This reaction reflects how investors weigh profit growth and operating efficiency rather than revenue growth alone.

Analyst inference

What to watch

1. IndiaMART's EBITDA margin, which means operating profit as a share of revenue, expanded 400 basis points to 37.2% from 33.2% a year ago, while EBITDA rose 23.4% to ₹160 crore. Confirmed
2. Watch whether IndiaMART can hold its 37.2% EBITDA margin in coming quarters, since a reversal would mean higher running costs eat into profit per sale again. Proposed
3. Watch whether paying subscribers and paying customer growth sustain the 9.7% revenue rise, because slower customer additions could pressure future revenue and the current share price gain. Analyst inference

Evidence

• Original source link unavailable