C.E. Info Systems Limited — Updates, 08-11-2024: Press Release

MapmyIndia's Q2 FY2025 results show a 13.8% YoY increase in revenue, reaching ₹103.7 crore, while PAT declined by 8.26% to ₹30.4 crore. The company is establishing a joint venture with Hyundai Autoever, focusing on map-based solutions in Southeast Asia, with an estimated revenue of millions over five years. Their Mappls app downloads surged from 10 million to 25 million. Despite challenges, automotive revenue grew significantly, indicating continued market demand.