Indiamart Intermesh Limited — Investor Meet, 23-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

IndiaMART reported Q3 FY26 revenue of Rs. 402 Cr (+13% YoY) & collections of Rs. 426 Cr (+17% YoY). Deferred revenue hit Rs. 1,775 Cr (+19% YoY). Net profit was Rs. 188 Cr (incl. one-time Rs. 82 Cr gain). Paying suppliers dipped by 1k to 2.21 lakh, impacted by a Silver tier price hike & holidays. Unique inquiries grew 4% YoY. Busy Infotech billing was Rs. 33 Cr (+28% growth). Management prioritizes AI-driven platform enhancements & balancing customer additions with ARPU growth (6-8%). Cautious outlook on supplier additions, expecting annual churn improvement later in FY26.