IndiaMART InterMESH Board Approves Incorporation of Finance Subsidiary for Working Capital Loans

Steady Growth, Fintech Pivot PAT at Rs 172 Cr in Q1 FY27, +12.2% YoY. Revenue at Rs 414 Cr in Q1 FY27, +11.4% YoY. EBITDA at Rs 253 Cr, +12.1% YoY. EBITDA margin at 61.1% vs 60.7%; other expenses grew 21% vs revenue growth of 11.4%. Accounting Software segment key driver at +49.2% YoY, Web +8.5%. Board approved incorporation of wholly owned subsidiary IndiaMART Finance Limited for platform financing, subject to regulatory approvals.