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MapmyIndia Shares Slump 8% After Weak Q2 Results

  • Shares of MapmyIndia’s parent C.E. Info Systems slumped 7.8% on weak Q2 results.
  • MapmyIndia reported an 8% YoY decline in consolidated profit after tax in Q2 FY25.
  • Operating revenue grew 14% YoY and 2% QoQ to INR 103.67 Cr in the quarter.
  • MapmyIndia announced a new joint venture in Indonesia with Hyundai AutoEver.

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