Geotech company MapMyIndia’s net profit for Q2 FY26 plunged 39% to INR 18.5 Cr from INR 30.4 Cr in the year-ago quarter. On a sequential basis, the company’s profit tanked 60% from INR 45.8 Cr in the June quarter.
MapMyIndia’s operating revenue for the quarter increased 10% YoY to INR 113.8 Cr. However, the company’s top line decreased 6% from INR 121.6 Cr operating revenue recorded in the previous quarter.
Including an other income of INR 10.5 Cr, the company’s total income for the quarter stood at INR 124.2 Cr. Meanwhile, the company’s expenses surged 30% YoY to INR 94 Cr.
(The story will be updated soon)
The post MapMyIndia Q2 Profit Tanks 39% YoY To INR 19 Cr appeared first on Inc42 Media.
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