MapmyIndia Q2 Profit Jumps 91% as Revenue Grows 16%
New Delhi, Nov. 5 -- MapmyIndia, a deep-tech digital map data, geospatial software and location-based IoT products, platforms, reported a 90.6% year-over-year increase in consolidated profit after tax (PAT) to Rs.35.3 crore for the second quarter of FY27, compared with Rs.18.5 crore in the same period last year.
Revenue from operations grew 15.8% to Rs.131.7 crore from Rs.113.8 crore, while EBITDA increased 60.1% to Rs.45 crore.
The stronger profit growth relative to revenue suggests improving operating profitability, supported by growth across the company's automotive, enterprise, and IoT-led businesses.
MapmyIndia's profitability improved during the September quarter, with EBITDA margin expanding to 34.1% from 24.7% a year earlier.
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