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MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25

EntrackrEntrackr · 11m ago
MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25
Medial

CE Info Systems, the parent company of MapMyIndia, has released its financial results for the first quarter of FY25. The firm reported a 5.1% decrease in its quarter-on-quarter revenue when compared to Q4 FY24. MapmyIndia’s revenue from operations declined by 5.1% to Rs 101.5 crore in Q1 FY25 from Rs 107 crore in Q4 FY24. However, its income increased by 13.5% when compared to the first quarter of FY24, its unaudited consolidated quarterly report sourced from NSE shows. Income from digital map data, GPS navigation, location based services and IoT were the primary source of revenue for MapMyIndia in Q1 FY25. The cost of IoT devices, employee benefit and technical services (outsourced) were the major cost elements, which pushed total cost of the firm to Rs 63.9 crore in Q1 FY25 against Rs 72 crore in Q4 FY24. With the depletion in scale, MapmyIndia recorded a 6.25% decrease in its profit to Rs 35.86 crore during Q1 FY25 as compared to Rs 38.25 crore in the last quarter of previous fiscal year (Q4 FY24). The Delhi-based firm estimated its revenue would touch Rs 1,00 crore in FY 27-28. MapMyIndia is currently trading at Rs 2,309 per shares (as of 04.24PM) with a market capitalization of Rs 12,485 crore ($1.5 billion) MapMyIndia recently sent legal notice to Ola Electric for copying its data as the EV scooter firm launched its own mapping service. The firm claimed that Ola Electric breached the license agreement, which was signed in October 2022. In a response to allegations, Ola founder Bhavish Aggarwal labeled it as an opportunistic move.

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MapMyIndia posts Rs 32 Cr profit in Q3 FY25

EntrackrEntrackr · 6m ago
MapMyIndia posts Rs 32 Cr profit in Q3 FY25
Medial

MapMyIndia posts Rs 32 Cr profit in Q3 FY25 CE Info Systems, the parent company of MapMyIndia, has announced its financial results for the third quarter of FY25. The company reported a year-on-year revenue growth of over 24% compared to Q3 FY24. MapMyIndia’s revenue from operations increased to Rs 114.5 crore in Q3 FY25 from Rs 92 crore in Q3 FY24, its unaudited consolidated quarterly report sourced from NSE shows. Income from digital map data, GPS navigation, location-based services, and IoT were the primary sources of revenue for MapMyIndia, which accounted for 90% of the total collection. This revenue source increased by 32.5% to Rs 102.4 crore in Q3 FY25. However, income from the sale of its devices generated Rs 12 crore of revenue. The cost of IoT devices, employee benefits, and technical services (outsourced) were the major cost elements, which pushed the total cost of the firm to Rs 79.4 crore in Q3 FY25 against Rs 60.5 crore in Q3 FY24. With the increase in scale, MapMyIndia recorded a 4.2% increase in its profit to Rs 32.3 crore during Q3 FY25 as compared to Rs 31 crore in the third quarter of the previous fiscal year (Q3 FY24). MapMyIndia is currently trading at Rs 1609 per share with a market capitalization of Rs 8,753 crore ($1 billion). Last month, MapMyIndia announced that its CEO and whole-time director, Rohan Verma, will step down from his executive role effective March 31, 2025. Chairman and Managing Director Rakesh Kumar Verma will continue to provide leadership at MapMyIndia.

PB Fintech posts Rs 1,348 Cr revenue in Q1 FY26; profit increases 42%

EntrackrEntrackr · 6d ago
PB Fintech posts Rs 1,348 Cr revenue in Q1 FY26; profit increases 42%
Medial

PB Fintech posts Rs 1,348 Cr revenue in Q1 FY26; profit increases 42% PB Fintech, the parent company of online insurance aggregator and brokerage platform PolicyBazaar, has released its financial results for the first quarter of the ongoing fiscal year (Q1 FY26). The company reported a 33% growth in scale, while its year-on-year (YoY) profits increased by 42% during the same period. PolicyBazaar’s revenue from operations surged 33% to Rs 1,348 crore in Q1 FY26 in contrast to Rs 1,011 crore in Q1 FY25, as per the firm’s financial results sourced from the National Stock Exchange (NSE). The Gurugram-based company generated the largest share (88%) of its operating revenue from insurance broker services, which rose to Rs 1,187 crore in Q1 FY26 from Rs 845 crore in Q1 FY25. Besides operating revenue, the firm also earned Rs 99 crore via interest and gains from financial assets during the quarter which took its total topline to Rs 1,447 crore in the quarter ending June 2025. PolicyBazaar has not provided a detailed breakdown of expenses in its quarterly financial statements. However, employee benefits expenses rose by 23% YoY to Rs 560 crore. Overall, the company's total costs grew 25% to Rs 1,356 crore in Q1 FY26 compared to Rs 1,081 crore in Q1 FY25. PolicyBazaar's net profits surged 42% to Rs 85 crore in Q1 FY26 from Rs 60 crore in Q1 FY25. At the end of the day, PolicyBazaar traded at Rs 1,808 with a total market capitalization of Rs 83,033 crore (approximately $9.5 billion).

MapMyIndia posts Rs 140 Cr revenue in Q4 FY25, profit grows 29%

EntrackrEntrackr · 2m ago
MapMyIndia posts Rs 140 Cr revenue in Q4 FY25, profit grows 29%
Medial

MapMyIndia posts Rs 140 Cr revenue in Q4 FY25, profit grows 29% CE Info Systems, the parent company of MapMyIndia, has announced its financial results for the fourth quarter of FY25. The company reported a year-on-year revenue growth of over 34% compared to Q4 FY24. MapMyIndia’s revenue from operations increased to Rs 143 crore in Q4 FY25 from Rs 107 crore in Q4 FY24. Meanwhile, for the full fiscal year, revenue increased by 22% to Rs 463 crore in FY25 from Rs 379 crore in FY24, according to its consolidated quarterly report. Income from digital map data, GPS navigation, location-based services, and IoT was the primary source of revenue for MapMyIndia, accounting for 88% of the total collection. This revenue source increased by 51% to Rs 127 crore in Q4 FY25. However, income from the sale of its devices generated Rs 16.5 crore in revenue. The cost of IoT devices, employee benefits, and outsourced technical services were the major cost elements, pushing the total cost of the firm to Rs 90 crore in Q4 FY25, up from Rs 72 crore in Q4 FY24. On a fiscal basis, the total cost increased to Rs 306 crore in FY25. With the increase in scale, MapMyIndia recorded a 29% increase in its profit to Rs 49 crore during Q4 FY25, compared to Rs 38 crore in the fourth quarter of the previous fiscal year. Meanwhile, annual profit increased by 10% to Rs 148 crore in FY25, up from Rs 134 crore in FY24. At the end of the day on 9th May 2025, MapMyIndia closed at Rs 1,845 per share, with a market capitalization of Rs 10,040 crore ($1.17 billion).

CarTrade posts Rs 173 Cr revenue in Q1 FY26, profit jumps 2X YoY

EntrackrEntrackr · 9d ago
CarTrade posts Rs 173 Cr revenue in Q1 FY26, profit jumps 2X YoY
Medial

CarTrade released its financial results for the first quarter of the ongoing fiscal year (Q1 FY26) on Monday. The company reported a 22% year-on-year revenue growth compared to Q1 FY25, with profit doubling in the same time period. CarTrade’s revenue from operations grew 22% to Rs 173 crore in Q1 FY26 in contrast to Rs 142 crore in Q1 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE). The company’s total income for Q1 FY26 grew to Rs 199 crore, up from Rs 157 crore in Q1 FY25. The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 38% of the total operating revenue which increased to Rs 66 crore in Q1 FY26 from Rs 51 crore in Q1 FY25. Income from the remarketing and classified segment stood at Rs 59 crore and Rs 48 crore, respectively, in the first quarter of the ongoing fiscal year. On the expense front, employee benefits expenses formed 53% of the overall spending which went up a modest 6% to Rs 75 crore during the period. Including other costs, CarTrade’s overall expenses increased 8% to Rs 142 crore in Q1 FY26 from Rs 23 crore during Q1 FY25. The decent growth and controlled spending enabled CarTrade to double its net profit to Rs 47 crore in Q1 FY26, compared to Rs 23 crore in Q1 FY25. CarTrade’s share price is trading at Rs 1,871 (as of 10:56 AM) with a total market capitalization of Rs 8,886 crore ($1.03 billion).

Blackbuck posts Rs 144 Cr revenue in Q1 FY26, profit grows 17%

EntrackrEntrackr · 1d ago
Blackbuck posts Rs 144 Cr revenue in Q1 FY26, profit grows 17%
Medial

Blackbuck has released its financial report for the first quarter of the ongoing financial year ending March 2026. The Bengaluru-based company reported a 57% year-on-year growth in scale in Q1 FY26 and posted a profit of Rs 34 crore in the quarter. Blackbuck's revenue from operations grew to Rs 144 crore in Q1 FY26 from Rs 92 crore in Q1 FY25, its financial statements sourced from the National Stock Exchange show. On a quarter-on-quarter basis, Blackbuck’s operating revenue increased 18% to Rs 144 crore in Q1 FY26 from Rs 122 crore in Q4 FY25. Revenue from its truck operator services was the primary source of revenue, accounting for 98% of total operating revenue. The company also made Rs 16 crore from interest income which took its overall revenue to Rs 160 crore in Q1 FY26, compared to Rs 98 crore in Q1 FY25. Looking at the expenses, the employee benefit cost accounted for 32% of the overall expenditure which fell 5% year-on-year to Rs 37 crore in Q1 FY26 from Rs 39 crore in Q1 FY25. Deprecation and other operating expenses were key overheads that drove total expenditure to Rs 114 crore in Q1 FY26, compared to Rs 92 crore in the same quarter last year. Blackbuck’s net profit increased 17% to Rs 34 crore in Q1 FY26, as compared to Rs 29 crore in Q1 FY25. Blackbuck debuted on the stock exchange at Rs 208.90 and is now trading at Rs 481.85 (at 15:26 PM), bringing its total market capitalization to Rs 8,670 crore ($1 billion).

Swiggy posts Rs 4,961 Cr revenue in Q1 FY26, losses soar 96%

EntrackrEntrackr · 6d ago
Swiggy posts Rs 4,961 Cr revenue in Q1 FY26, losses soar 96%
Medial

Swiggy posts Rs 4,961 Cr revenue in Q1 FY26, losses soar 96% Foodtech and quick commerce major Swiggy has reported a 54% year-on-year growth in its operating revenue which spiked to Rs 4,961 crore during Q1 FY26 as compared to Rs 3,222 crore Q1 FY25. However, the Bengaluru-based company’s losses almost doubled in the same period. Scootsy Logistics contributed a major 46% of Swiggy’s overall operating collection. Income from this entity increased by 78% YoY to Rs 2,259 crore in Q1 FY26 from Rs 1,268 crore in Q1 FY25. Swiggy’s food delivery business continues to be one of the major contributors, accounting for 36% of the total collection in Q1 FY26. Revenues from this vertical grew 19% to Rs 1,800 crore from Rs 1,518 crore in Q1 FY25. The company’s quick commerce segment also saw remarkable growth, with revenue surging by 2X to Rs 806 crore in Q1 FY26 from Rs 374 crore in Q1 FY25. The segment's gross order value (GOV) growth was driven by an increase in order frequency and the addition of new dark stores. Swiggy’s Dine Out, Genie, Swiggy Mini and other non-operating income took its total revenue to Rs 5,048 crore in Q1 FY26. On the cost side, the procurement of FMCG products for supply chain distribution formed 33% of its overall cost which increased by 72% to Rs 2,064 crore in Q1 FY26. Meanwhile, the delivery charges saw 26% growth to Rs 1,313 crore in Q1 FY26. Swiggy spent Rs 686 crore and Rs 1,036 crore on employee benefits and advertising, respectively. Overall, Swiggy’s total expenses for the quarter increased 60% to Rs 6,244 crore from Rs 3,908 crore in Q1 FY25. The 60% growth in expenditure led losses to increase by 96% to Rs 1,197 crore in Q1 FY26 from Rs 611 crore in Q1 FY25. Recently Swiggy reshuffled its board as Sumer Juneja from SoftBank and Anand Daniel from Accel resigned from their roles as nominee directors on Swiggy’s board. Following these departures, Swiggy appointed Faraz Khalid, CEO of Middle East commerce platform noon, as an independent director. Swiggy shares were trading at Rs 404 at the end of Thursday with a total market capitalization of Rs 1,00,730 crore.

Ather Energy posts Rs 645 Cr revenue in Q1 FY26, losses remain flat

EntrackrEntrackr · 2d ago
Ather Energy posts Rs 645 Cr revenue in Q1 FY26, losses remain flat
Medial

Ather Energy posts Rs 645 Cr revenue in Q1 FY26, losses remain flat Ather Energy reported a 79% year-on-year jump in its operating revenue compared to Q1 FY25. At the same time, the Bengaluru-based firm also narrowed losses by 3%. Electric two-wheeler maker Ather Energy has announced its financial results for the first quarter of the ongoing financial year FY26. The company reported a 79% year-on-year jump in its operating revenue compared to Q1 FY25. At the same time, the Bengaluru-based firm narrowed losses by 3%. Ather’s revenue from operations increased by 79% to Rs 645 crore in Q1 FY26, from Rs 360 crore in Q1 FY25, according to its quarterly report sourced from the National Stock Exchange (NSE). The Tarun Mehta-led company did not provide a revenue breakdown during the last quarter. Ather’s cost of materials, primarily driven by battery and component procurement, made up the largest share of its expenditure. This cost increased by nearly 74% to Rs 518 crore in Q1 FY26 from Rs 297 crore in the same period last year, accounting for over 61% of the total expenses during the quarter. Employee benefit expenses saw a surge of 37% YoY to Rs 119 crore in Q1 FY26 compared to Rs 87 crore in Q1 FY25. Depreciation and amortization costs rose 20% to Rs 48 crore, while other operational costs jumped nearly 31% to Rs 166 crore. Overall, Ather’s total expenditure grew 54% to Rs 851 crore in Q1 FY26, up from Rs 551 crore in Q1 FY25. As a result, the company’s net losses reduced by 3% to Rs 178 crore in Q1 FY26 from Rs 183 crore in Q1 FY25. In July 2025, Ather Energy maintained its fourth-place market position, selling 16,231 units. This represents a 10.59% month-on-month increase from the 14,677 units sold in June, bringing their market share to 15.78%. Ather Energy made its stock market debut on May 6, 2025, listing at Rs 328 per share on the NSE. However, the stock is currently trading at Rs 375, bringing its total market capitalization to Rs 13,723 crore ($1.5 billion). Ather competitor Ola Electric’s topline shrank by nearly 50% year-on-year during the first quarter of FY26. At the same time, the Bengaluru-based firm’s losses widened by 23%.

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