MapmyIndia Q2 Profit Slips 8% YoY To INR 30.35 Cr

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SUMMARY

On a sequential basis, MapmyIndia’s PAT declined 15% from INR 35.86 Cr

Its revenue from operations rose 14% to INR 103.67 Cr from INR 91.08 Cr in Q2 FY24

The company’s expenses in Q2 FY25 zoomed about 33% year-on-year and 13% QoQ to INR 72.53 Cr

Geotech company MapmyIndia’s consolidated profit after tax (PAT) declined 8% to INR 30.35 Cr in the September quarter of fiscal year 2024-25 (Q2 FY25) from INR 33.09 Cr in the year-ago period. 

On a sequential basis, PAT declined 15% from INR 35.86 Cr. 

Meanwhile, revenue from operations rose 14% to INR 103.67 Cr from INR 91.08 Cr in Q2 FY24. On a quarter-on-quarter basis (QoQ), operating revenue grew 2% from INR 101.49 Cr. 

Including other income of INR 9.92 Cr, MapmyIndia reported a total income of 113.59 Cr.

The company’s expenses zoomed about 33% year-on-year and 13% QoQ to INR 72.53 Cr during the quarter under review. 

(This is a breaking story, will be updated shortly.)





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MapmyIndia Q2 Profit Slips 8% YoY To INR 30.35 Cr


SUMMARY

On a sequential basis, MapmyIndia’s PAT declined 15% from INR 35.86 Cr

Its revenue from operations rose 14% to INR 103.67 Cr from INR 91.08 Cr in Q2 FY24

The company’s expenses in Q2 FY25 zoomed about 33% year-on-year and 13% QoQ to INR 72.53 Cr

Geotech company MapmyIndia’s consolidated profit after tax (PAT) declined 8% to INR 30.35 Cr in the September quarter of fiscal year 2024-25 (Q2 FY25) from INR 33.09 Cr in the year-ago period. 

On a sequential basis, PAT declined 15% from INR 35.86 Cr. 

Meanwhile, revenue from operations rose 14% to INR 103.67 Cr from INR 91.08 Cr in Q2 FY24. On a quarter-on-quarter basis (QoQ), operating revenue grew 2% from INR 101.49 Cr. 

Including other income of INR 9.92 Cr, MapmyIndia reported a total income of 113.59 Cr.

The company’s expenses zoomed about 33% year-on-year and 13% QoQ to INR 72.53 Cr during the quarter under review. 

(This is a breaking story, will be updated shortly.)





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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