MapmyIndia Q1 PAT Surges 28% YoY TO INR 45.8 Cr

Geotech company MapmyIndia’s net profit for the first quarter (Q1) of the financial year 2025-26 (FY26) rose 28% year-on-year (YoY) to INR 45.8 Cr from INR 35.9 Cr. The metric, however, declined 7% sequentially from INR 49 Cr.

It posted an operating revenue of INR 121.6 Cr, up 20% YoY. The top line dipped 15% from INR 143.6 Cr in Q4 FY25.

Including an other income component of INR 13.7 Cr, the company’s total income for the quarter stood at INR 135.3 Cr, up 21% YoY.

“Looking ahead, we are confident about the opportunities that lie ahead to achieve our revenue goal of INR 1,000 Cr in FY28. The strong performance in Q1 reinforces our belief in the scalability and sustainability of our strategy. At the same time, we would like to communicate that the nature of this business is such that it should be observed more on a yearly basis rather than quarter on quarter,” CMD Rakesh Verma said.

(The story will be updated shortly.)

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