MapmyIndia (C.E. Info Systems Ltd.), a prominent player in India’s digital mapping and advanced technology sector, announced its financial results for the second quarter of fiscal year 2025 (Q2FY25), showcasing significant revenue growth. The company reported a 14% year-on-year rise in revenue from operations, reaching Rs 103.7 crore, up from Rs 91.1 crore in Q2FY24. Total income for the quarter also increased by 14.63%, totaling Rs 113.6 crore compared to Rs 99.1 crore in the corresponding period last year.
Despite this revenue growth, MapmyIndia faced an 8.2% decline in consolidated net profit, reporting Rs 30.33 crore for the quarter ending September 30, 2024. The company’s performance reflects robust operational growth, even as challenges affected net profitability.
, a prominent player in India’s digital mapping and advanced technology sector, announced its financial...){kind=link}