MapmyIndia: H1 Revenue Up, Details IOCL Contract Win

C.E. Info Systems Ltd. (MapmyIndia) announced its Q2 and H1 FY26 financial results, with H1 FY26 revenue from operations growing 14.7% year-on-year to ₹235.4 crore. The company's EBITDA for the first half of FY26 reached ₹84.0 crore, marking a 4.7% year-on-year growth, while profit after tax (PAT) remained broadly stable at ₹64.3 crore compared to H1 FY25.

For Q2 FY26, MapmyIndia reported revenue from operations of ₹113.8 crore, an increase from ₹103.7 crore in Q2 FY25. The company's EBITDA for Q2 FY26 was ₹28.1 crore, with a PAT of ₹18.5 crore. The map-led business revenue grew to ₹160.9 crore in H1 FY26, maintaining a healthy EBITDA margin of 47.3%.

MapmyIndia also highlighted strategic investments and product enhancements, with its Mappls app surpassing 40 million downloads. The company secured a ₹110 crore contract with Indian Oil Corporation Limited (IOCL) and was awarded a landmark contract by the Survey of India to develop the nation's first National Geo-Spatial Platform.