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MapmyIndia's Revenue Soars, Subsidiary Restructured

  • MapmyIndia's Q4 profit jumped 28% YoY to INR 49 Cr, with a 52% QoQ increase from INR 32.3 Cr.
  • Operating revenue surged 34% YoY to INR 143.6 Cr, while total income rose 40% to INR 166.8 Cr.
  • Vidteq, a subsidiary, is now renamed Mappls DT, focusing on digital transformation and defense technologies.
  • Rohan Verma appointed MD of subsidiaries Mappls DT and Gtropy, continuing the company's strategic growth.
  • MapmyIndia's expansion in automotive and enterprise digital transformation segments marks a significant revenue boost.

Source: Inc42

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6mo ago
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