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•3 min read•
✦Reported by Economic Times

IndiaMART bets on AI to sharpen its edge, but warns of uncertain returns

IndiaMART bets on AI to sharpen its edge, but warns of uncertain returns
Source: Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓IndiaMART InterMESH Ltd reported a 9.8% increase in net profit for the second quarter of 2026.
  • ✓The company integrated artificial intelligence into over 20 operational functions to improve efficiency.
  • ✓CEO Dinesh Agarwal said, "The net impact of AI on the business could remain volatile over the next two to four years."

Story at a Glance

Category
MARKET
Reported By
Economic Times
Reading Speed
3 Minute(s)
Market Focus
India Economy

IndiaMART InterMESH Ltd reported a 9.8% increase in net profit for the second quarter of 2026. The company has integrated artificial intelligence into over 20 operational functions, enhancing various processes. AI models such as ChatGPT and Claude are utilized to optimize operations and improve efficiency. Revenue for the quarter increased by 9.7%, reaching ₹429 crore, reflecting growth in the standalone business.

IndiaMART InterMESH Ltd outlined its growing use of artificial intelligence across business operations during its earnings call for the second quarter ended September 2026. The B2B e-commerce company said it is deploying AI across multiple functions while leveraging different AI models, as it looks to explore new opportunities and strengthen its competitive position.

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IndiaMART bets on AI to sharpen its edge, but warns of uncertain returns | ArthNow