IndiaMART Shares Sink 8% To 52-Week Low As Paid Supplier Concerns Mount

•IndiaMART shares fell as much as 8% to a 52-week low of ₹1,773 before settling 5.25% lower at ₹1,817.40 on the NSE.

•The decline came despite a rise in Q1 profit and revenue, as investors focused on the third straight quarterly decline in paid suppliers.

•IndiaMART reported a 12% YoY rise in Q1 FY27 net profit, with operating revenue rising 11% YoY to ₹414.4 Cr.

•The company's CEO, Dinesh Agarwal, acknowledged that supplier retention had weakened over the past few quarters, particularly among silver-tier customers.

•IndiaMART approved the incorporation of IndiaMART Finance to facilitate credit through lending partners, partnering with banks, lenders, and technology companies.