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Geotech firm MapmyIndia sees 3% rise on strong Q3 results
Shares of MapmyIndia, a geotech company based in India, increased nearly 3% on Jan. 29, closing at 1,654 rupees (US$19.10).
The increase followed a 4% YoY rise in consolidated net profit for Q3 2025, reaching 32.32 crore rupees (US$3.73 million).
EBITDA grew by 15.7%, totaling 41.7 crore rupees (US$4.82 million), but the EBITDA margin declined to 36.4%, down from 39% in Q3 FY24.
Revenue from operations rose by 24%, 114.54 crore rupees (US$13.23 million), up from 92.02 crore rupees (US$10.63 million) in the same quarter last year.
Operating expenses also increased, rising 32% to 79.40 crore rupees (US$9.17 million) in Q3 FY25, compared to 60.52 crore rupees (US$6.99 million) in the same period last year.
In recent developments, MapmyIndia acquired a 9.37% stake in AI startup SimDaaS Autonomy for 3 crore rupees (US$346,521) to enhance its technological capabilities.
The company also partnered with KOGO AI to introduce India’s first universal voice assistant for the automotive industry.
MapmyIndia aims to surpass 1,000 crore rupees (US$115.51 million) in revenue by FY27-FY28, targeting a compound annual growth rate (CAGR) of 35-40%.
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