MapmyIndia FY23 Results: PAT Zooms 23% To INR 108 Cr, Revenue Up 1.4X

MapmyIndia FY23 Results: PAT Zooms 23% To INR 108 Cr, Revenue Up 1.4X

SUMMARY

MapmyIndia’s revenue from operations grew 1.4X to INR 281.46 Cr in FY23 from INR 200.4 Cr in FY22

Total annual expenses surged 41% to INR 176.24 Cr in the year ended March 2023 from INR 124.66 Cr in FY22

PAT rose 25% to INR 28.31 Cr in the fourth quarter (Q4) of FY23 from INR 22.58 Cr in the year-ago quarter

Geotech startup MapmyIndia’s consolidated profit after tax (PAT) zoomed 23% to INR 107.53 Cr in the fiscal year 2022-23 (FY23) from INR 87.07 Cr in the year ended March 2022.  

Revenue from operations grew 1.4X to INR 281.46 Cr in FY23 from INR 200.4 Cr during the last financial year. Total income surged 30% on a yearly basis to INR 315.78 Cr in FY23 compared to nearly INR 242 Cr in FY22. 

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