The parent company of MapMyIndia, CE Info Systems, has reported a strong set of financial results for the fourth quarter of FY25, showcasing rapid growth in revenue and profitability. The company saw its Q4 FY25 revenue increase 34 percent year-on-year, rising to Rs. 143 crore from Rs. 107 crore in Q4 FY24.
According to the associate financial report by the National Stock Exchange (NSE) for the full fiscal year, MapMyIndia’s revenue arise 22 percent to Rs. 463 crore in FY25, up from Rs. 379 crore the previous year.
A major driver of this growth was MapMyIndia’s core business of digital map data, GPS navigation, location-based services, and IoT, which funded 88 percent of the company’s total operating revenue. This sector made a 51 percent year-on-year increase, reaching Rs. 127 crore in Q4 FY25. Sales of physical GPS and IoT devices generated Rs. 16.5 crore in revenue during the same year.
On the cost front, expenditures related to IoT hardware, technical services, and employee benefits pushed Q4 FY25 costs to Rs. 90 crore, compared to Rs. 72 crore in Q4 FY24. For the whole year, total costs amounted to Rs. 306 crore.
In spite of rising expenses, MapMyIndia delivered a 29 percent year-on-year increase in Q4 FY25 profit, which stood at Rs. 49 crore, up from Rs. 38 crore in the same quarter last year. Annual profit arise 10 percent, reaching Rs. 148 crore in FY25 versus Rs. 134 crore in FY24.
Investor confidence remained sturdy, as MapMyIndia shares closed at Rs. 1,845 on May 9, 2025, placing the company’s market capitalization at Rs. 10,040 crore.
