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.)