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MapmyIndia Q2: Profit Rises 90% YoY To ₹35 Cr, Revenue Up 16%

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MapmyIndia Q2: Profit Rises 90% YoY To ₹35 Cr, Revenue Up 16%

MapmyIndia reported a 90.6% YoY jump in its consolidated net profit for the September quarter (Q2 FY27) to ₹35.3 Cr from ₹18.5 Cr in the year-ago period. Sequentially, the profit declined 29.1% from ₹49.7 Cr in the preceding quarter.

Operating revenue rose 15.8% to ₹131.7 Cr during the quarter from ₹113.8 Cr in Q2 FY26. The top line declined 5.7% sequentially from ₹139.7 Cr. 

Total income, including other income of ₹16.1 Cr, increased 19.1% to ₹147.9 Cr from ₹124.2 Cr in the year-ago period.

The company’s EBITDA increased 60.1% YoY to ₹45 Cr, while EBITDA margin expanded to 34.1% from 24.7% in Q2 FY26. PAT margin also improved to 23.8% from 14.9% in the corresponding quarter last year.

For the first half of FY27 (H1 FY27), operating revenue grew 18.4% YoY to ₹271.5 Cr, while EBITDA increased 20.4% to ₹101.1 Cr. Net profit rose 32.2% to ₹85 Cr from ₹64.3 Cr in H1 FY26. 

Commenting on the performance, CMD Rakesh Verma said the company’s automotive business recorded 51.9% YoY growth in Q2 FY27, while its enterprise business grew 44.1%. For H1 FY27, the two verticals recorded growth of 40.4% and 16.5%, respectively.

The automotive business’ performance was driven by increasing adoption of the company’s integrated map-led and IoT-led mobility solutions, Verma said.

From a product perspective, map-led revenue grew 8.9% to ₹175.3 Cr in H1 FY27, while EBITDA margins for the business stood at 47.1%. IoT-led revenue increased 29.1% to ₹96.2 Cr during the period.


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