MapmyIndia Q2: Profit Rises 90% YoY To ₹35 Cr, Revenue Up 16%
Digital mapping and IoT company MapmyIndia reported Q2 FY27 net profit of ₹35.3 Cr, up 90.6% year-over-year, with operating revenue reaching ₹131.7 Cr. The automotive business grew 51.9% and enterprise business grew 44.1%, driven by adoption of map-led and IoT-led mobility solutions.
Key points
- Q2 profit up 90.6% to ₹35.3 Cr; revenue rose 15.8% to ₹131.7 Cr
- Automotive business grew 51.9% YoY; enterprise business up 44.1%
- EBITDA margin expanded to 34.1% from 24.7% year-over-year
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