MapmyIndia Q2 Profit Jumps 91% as Revenue Grows 16%
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 ₹35.3 crore for the second quarter of FY27, compared with ₹18.5 crore in the same period last year.
Revenue from operations grew 15.8% to ₹131.7 crore from ₹113.8 crore, while EBITDA increased 60.1% to ₹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.
Profit Growth Outpaces Revenue
MapmyIndia's profitability improved during the September quarter, with EBITDA margin expanding to 34.1% from 24.7% a year earlier.
The 9.4-percentage-point improvement indicates that the company generated higher operating earnings relative to revenue.
Its reported PAT margin also increased to 23.8% from 14.9% in Q2 FY26.
For the first half of FY27, revenue from operations reached ₹271.5 crore, compared with ₹235.4 crore in the...
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