MapmyIndia's Shocking Q2: Profits CRASH 39% - What Investors MUST Know!

MapmyIndia has reported a substantial drop in its net profit for the second quarter of the fiscal year 2026, with earnings falling 39% to INR 18.5 crore compared to INR 30.4 crore in the same period last year. The profit decline was even more pronounced on a sequential basis, dropping by 60% from INR 45.8 crore recorded in the June quarter.

Despite the profit slump, the company's operating revenue showed a 10% year-on-year growth, reaching INR 113.8 crore. However, this top-line figure also saw a sequential decrease of 6% from the INR 121.6 crore reported in the previous quarter.

The company's total income for the quarter was INR 124.2 crore, which includes an 'other income' of INR 10.5 crore. Meanwhile, MapmyIndia's expenses surged by 30% year-on-year to INR 94 crore. The combination of falling profitability, rising costs, and a sequential dip in revenue points to potential challenges for the company.

Impact: This news is likely to negatively impact investor sentiment towards MapmyIndia. The significant decrease in profit, coupled with rising operational costs, could lead to a sell-off in the company's stock, affecting its market valuation. Investors will be watching closely for management's strategies to address these profitability and cost concerns. Rating: 6/10

Difficult terms: * **Net Profit**: The profit remaining after all expenses, taxes, and interest have been deducted from the total revenue. * **Q2 FY26**: The second quarter of the financial year 2025-2026, typically covering July to September. * **Plunged**: Dropped suddenly and dramatically. * **Sequentially**: In comparison to the immediately preceding period (quarter-on-quarter). * **Operating Revenue**: Income generated from a company's core business activities. * **YoY**: Year-over-year, comparing a period with the same period in the previous year. * **Top line**: Refers to a company's gross revenue or sales. * **Other Income**: Income derived from sources outside the company's primary business operations. * **Total Income**: The sum of operating revenue and other income. * **Expenses**: Costs incurred by the company in its day-to-day operations.