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Indiqube posts Rs 390 Cr revenue in Q3 FY26; losses rise 21%

EntrackrEntrackr Ā· 19d ago
Indiqube posts Rs 390 Cr revenue in Q3 FY26; losses rise 21%
Medial

Indiqube posts Rs 390 Cr revenue in Q3 FY26; losses rise 21% Managed workspace solutions provider Indiqube has posted its financial results for the third quarter of the ongoing fiscal year (FY26). The companyā€™s operating scale grew 45.5% in the period while its losses grew 21% year-on-year, as per Ind AS. Indiqubeā€™s revenue from operations rose to Rs 390 crore in Q3 FY26 from Rs 268 crore in Q3 FY25, according to its financial statement sourced from the National Stock Exchange (NSE). IndiQube also reported Rs 21 crore revenue from non-operating sources which took its total income to Rs 411 crore in Q3 FY26. For the nine months period, the Bengaluru-based companyā€™s revenue grew 38% to Rs 1,049 crore as compared to Rs 762 crore a year earlier. On the expense side, employee benefits increased 34% to Rs 23.5 crore in Q3 FY26. Finance cost accounted for 26% of the expense which increased 30% to Rs 112 crore in Q3 FY26 from Rs 86 crore in Q3 FY25, while depreciation and amortization rose to Rs 144 crore. Overall, Indiqubeā€™s total expenses for the quarter increased 39% to Rs 434 crore from Rs 313 crore in Q3 FY25. At the end, the firm reported a 21% increase in its losses to Rs 17 crore in Q3 FY26 as compared to Rs 14 crore in Q3 FY25. On a quarterly basis, Indiqubeā€™s losses decreased from Rs 30 crore in Q2 FY26. At the end of todayā€™s trading session, Indiqubeā€™s share price stood at Rs 177, giving it a total market capitalization of Rs 3,751 crore (about $414 million). Overall, Indiqube continued to scale its operations in Q3 FY26 with strong revenue growth, though costs rose alongside expansion. Losses widened year-on-year but improved sequentially. The firm remains focused on growth while managing expenses amid rising finance and depreciation costs.

MapMyIndiaā€™s revenue declines to Rs 94 Cr in Q3 FY26, profit falls 41%

EntrackrEntrackr Ā· 16d ago
MapMyIndiaā€™s revenue declines to Rs 94 Cr in Q3 FY26, profit falls 41%
Medial

Snippets MapMyIndiaā€™s revenue declines to Rs 94 Cr in Q3 FY26, profit falls 41% CE Info Systems, the parent company of MapMyIndia, has announced its financial results for the third quarter of FY26. The companyā€™s revenue fell 18% year-on-year compared to Q3 FY25. MapMyIndiaā€™s revenue from operations decreased to Rs 94 crore in Q3 FY26 from Rs 114.5 crore in Q3 FY25, according to its consolidated quarterly report sourced from the National Stock Exchange (NSE). On a nine-months basis, MapMyIndiaā€™s operating revenue increased 3% to Rs 329 crore from Rs 320 crore, a year earlier. Income from digital map data, GPS navigation, location-based services, and IoT was the primary source of revenue for MapMyIndia, accounting for 83% of the total collection. This revenue source decreased by 23.5% to Rs 78 crore in Q3 FY26. However, income from the sale of its devices generated Rs 15 crore in the quarter ending December 2025. The cost of IoT devices, employee benefits, and outsourced technical services were the major cost elements. Notably, the cost of technical service outsourcing spiked more than 3X to Rs 33 crore in Q3 FY26 from Rs 10 crore in Q3 FY25. Overall, total cost of the firm decreased to Rs 75 crore in Q3 FY26 from Rs 79 crore in Q3 FY25. MapMyIndiaā€™s profit fell 41% to Rs 19 crore during Q3 FY26, compared to Rs 32 crore in the third quarter of the previous fiscal year. On a sequential basis, the companyā€™s profit increased 3% from Rs 18.5 crore in Q2 FY26. At the end of the day, MapMyIndia closed at Rs 1,223.70 per share, with a market capitalization of Rs 6,696 crore ($739 million).

Isro says multiple levels of data products generated from recently launched earth observation satellite

Economic TimesEconomic Times Ā· 1y ago
Isro says multiple levels of data products generated from recently launched earth observation satellite
Medial

The Indian Space Research Organisation (ISRO) has successfully generated multiple levels of data products from its recently launched earth observation satellite EOS-08. This satellite carries payloads featuring new technology developments in satellite systems. The GNSS-Reflectometry (GNSS-R) instrument on EOS-08 collects signals from Global and Regional Navigation Satellite Systems and measures their power and other signal characteristics. It provides scientific information about regions covered by the receiver, such as soil moisture, surface inundation, and ocean surface wind and wave measurements. The data collected over Sahara Desert, Amazon Rainforest, and the Pacific Ocean has shown promising results, highlighting the potential of this instrument for scientific studies and applications.

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