MapMyIndia Q2 FY26: profit drops, IOCL order worth Rs 110 Cr
MAPMYINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Smallcap 250 and 2.1 pts less than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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MapMyIndia posted Q2 FY26 consolidated revenue of Rs 113.77 Cr, up 9.8% YoY, but net profit fell to Rs 18.52 Cr from Rs 30.35 Cr as outsourced tech costs surged. H1 FY26 revenue rose 14.7% to Rs 235.38 Cr while PAT edged down to Rs 64.33 Cr from Rs 66.24 Cr. The Board also noted a new Rs 110.19 Cr, 5-year vehicle tracking order from Indian Oil Corporation. The proposed Zepto secondary share purchase did not go through.
Revenue growth is healthy but Q2 margins compressed sharply. New IOCL order is positive for visibility; Zepto deal falling through is a mild negative.