The management commentary highlights MapmyIndia’s performance and strategic initiatives in Q2 FY25 and H1 FY25:
- Q2 FY25 Performance:
- Automotive & Mobility Tech (A&M): Revenue increased by 27% YoY, reaching INR 60.9 crore.
- Consumer Tech & Enterprise Digital Transformation (C&E): Revenue remained steady at INR 42.7 crore.
- H1 FY25 Highlights:
- A&M Revenue Growth: Increased by 19.3% YoY.
- C&E Revenue Growth: Rose by 8.2% YoY.
- Expansion into International Markets:
- Joint Venture in Indonesia: Collaborated with Hyundai AutoEver Corporation to penetrate international markets, aiming for business expansion outside India.
- Long-Term Goals:
- Revenue Milestone: The company plans to achieve INR 1000 crore revenue by FY27/FY28, targeting a CAGR of 35-40%.
Company Overview
Expansion into International Markets:
Future Strategy
Shareholding Pattern
Source- https://www.mapmyindia.com
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