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IndiaMART Q3 FY26 Results: Subsidiaries and Associates Post Combined Loss of ₹223.8 Million
IndiaMART InterMESH Limited has approved its financial results for the quarter ended December 31, 2025. The consolidated performance was impacted by a net loss of ₹78.25 million from its four audited subsidiaries and a further ₹145.58 million share of loss from eight associates during the quarter. While the subsidiaries' revenue for the nine-month period stood at ₹49.98 million, they represent a significant asset base of ₹1,757.99 million. The results reflect the ongoing investment phase and financial drag from the company's expanded ecosystem of digital and fintech entities.
Key Highlights
Four audited subsidiaries reported a combined net loss of ₹78.25 million for Q3 FY26.
Company's share of net loss from eight associates totaled ₹145.58 million for the quarter.
Total revenue from audited subsidiaries for the nine-month period ended Dec 2025 was ₹49.98 million.
Total assets of the audited subsidiaries were reported at ₹1,757.99 million as of December 31, 2025.
The board meeting concluded at 3:29 p.m. following the approval of standalone and consolidated results.
👀 What to Watch
Investors should evaluate if the growth in IndiaMART's core standalone business is sufficient to offset the widening losses in its subsidiary and associate portfolio. Monitor the path to profitability for key associates like Simply Vyapar and IB MonotaRO.
