Stock Market Today: MapmyIndia share price gained 2% during the intraday trades on Friday despite the stock market sell-off. Some of the key reasons are the announcement of Q1 results and also the investments announced . Check details
MapmyIndia Q1 Results
MapmyIndia reported ₹46.18 crore as the Q1 net profit. The net profit during the April to June 2025 quarter saw a sharp 30% jump of over ₹35.31 crore during the year-ago quarter.
MapmyIndia Q1 revenues from operations at ₹12.16 crore also marked a 21% increase when compared to ₹10.14 crore in the year-ago quarter
At the operating level the performance remained strong for MApmyIndia . The Profit before tax at ₹60.27 crore for MapmyIndia during the quarter ending June 2025 saw a strong 27.8% growth compared to ₹47.15 crore during the June 2024 quarter.
MapmyIndia investments in a subsidiary
In order to purchase 43,759 equity shares of M/s. Gtropy Systems Private Limited, the material subsidiary of the company, at a share price of Rs. 5713 each, the Board evaluated and approved an investment of Rs. 24,99,95,167/- (Rupees Twenty Four Crore Ninety Nine Lakhs Ninety Five Thousand One Hundred and Sixty Seven only). This would increase the stake of the company from 75.98 % to 96.00 %, with the right to acquire the balance of the 4% shareholding at current valuations.
The Board of MapmyIndia also considered & approved making an investment of Rs. 25,00,00,000/- (Rupees Twenty Five Crore only) to acquire 75,18,797 Compulsorily Convertible Preference Shares (CCPS), at a price of Rs. 33.25/- per CCPS on a fully diluted basis in M/s. ‘Zepto’ Private Limited (formerly known as Kiranakart Technologies Private Limited), which is engaged in the QuickCommerce industry. The proposed investment is part of the Company’s strategic initiative to gain strength and gain capabilities and adoption of a suite of solutions for the large and fast-growing quick commerce industry
MapmyIndia share price movement
C.E. Info Systems Ltd., or MapmyIndia share price opened at ₹1798.05 on the BSE on Friday, slightly higher than the previous day’s closing price of ₹1752.25. The MapmyIndia share price thereafter gained further to an intraday high of ₹1801.75,marking gains of around 2%. Notably, the same was on a day when the benchmark Sensex dipped more than 0.7%.
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