MapmyIndia Q1 Profit Up 28% to ₹46 Cr

By By Rediff Money Desk, New Delhi
Aug 07, 2025 21:20
MapmyIndia reports 28% rise in Q1 net profit to ₹46 Cr. Revenue up 19.8%. Strategic investment in Zepto for quick commerce.
New Delhi, Aug 7 (PTI) Homegrown digital navigation company CE Info Systems, owner of MapmyIndia, has reported a 27.7 per cent growth in its consolidated profit after tax to Rs 45.8 crore in the June 2025 quarter, the company said on Thursday.

The company had posted profit after tax (PAT) of Rs 35.9 crore in the same period a year ago.

The revenue of MapmyIndia increased by 19.8 per cent to Rs 121.6 crore during the reported quarter from Rs 101.5 crore in the year-ago quarter.

"Year-on-year, the revenue grew by 19.8 per cent to Rs 121.6 crore, while EBITDA rose by 30.6 per cent to Rs 55.9 crore, and PAT increased by 27.7 per cent to Rs 45.8 crore. In the first quarter of financial year (FY) 2026, EBITDA margin was 46 per cent and PAT margin was 33.9 per cent, underscoring the strength of our business model and operational efficiency," MapmyIndia Chairman and Managing Director Rakesh Verma said.

Automotive and Mobility Tech (A&M) revenue of the company grew 24.4 per cent, and the Consumer Tech and Enterprise Digital Transformation (C&E) segment registered an increase of 16.1 per cent in revenue.

"We made meaningful progress in both new customer acquisitions and deepening engagements with existing clients through up-sell and cross-sell of innovative solutions. Notable wins and go-lives spanned across automotive OEMs, fleet operators, technology startups, traditional enterprises, and various government departments, including defence," Verma said.

The board of the company approved a strategic financial investment of Rs 25 crore in Zepto, which is expected to enhance the capabilities and adoption of the MapmyIndia suite of solutions for the large and fast-growing quick commerce industry.

MapmyIndia increased its stake in its subsidiary Gtropy Systems to 96 per cent from 75.98 per cent for Rs 25.99 crore.

The company has the right to acquire the remaining 4 per cent at the current valuation of Gtropy within 4 years, according to the company's filing.
Source: PTI
Read More On:
net profitfinancial resultsq1 resultsmapmyindiazepto investment
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Unilever: India Growth & GST Impact

Unilever sees huge opportunities in India due to high GDP growth and GST cuts. HUL...

Trai Recommends 6 GHz, E, V Band Allocation

Trai suggests administrative allocation of 6 GHz, E, and V bands for telecom backhaul....

TotalEnergies Sells Stake in Adani Green Energy

TotalEnergies sells 1.74% stake in Adani Green Energy for Rs 2,778 cr. Stake reduced to...

TCS Acquires Coastal Cloud for $700 Million

TCS acquires Coastal Cloud for USD 700 million, strengthening its Salesforce and AI...

JSW Paints Acquires AkzoNobel India Stake

JSW Paints completes acquisition of majority stake in AkzoNobel India, becoming the...

Park Medi World IPO Subscribed 52% on Day 1

Park Medi World''s IPO received 52% subscription on day 1. The Rs 920-crore IPO closes...

Dasnac Invests Rs 2,000 Cr in Noida Luxury Housing

Dasnac to invest Rs 2,000 crore in a luxury housing project, Dasnac Westminster, in...

Nephrocare IPO Subscribed 12% on Day 1

Nephrocare Health Services IPO received 12% subscription on day 1. IPO details, price...

Wakefit IPO Subscribed Over 2 Times

Wakefit''s Rs 1,289-cr IPO was subscribed over 2 times on the final day. Details on...

IAN Group to Deploy USD 100M Alpha Fund by 2027

IAN Group to deploy its USD 100 million IAN Alpha Fund in early-stage startups by 2027....

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com