Internet Software & Services company C.E. Info Systems (MapMyIndia) declares Q3FY22 result: Q3 PAT margins of 36% Revenue,EBITDA & PAT up 37%, 87% & 60% on 9M YoY basis Q3 PAT margins were 36% on Total Income of Rs 52.1 Crores and Revenue from Operations of Rs 43.4 Crores. Growth on 9M YoY basis i.e., for the period of 9M FY2022 vs 9M FY2021: Revenue from Operations up 37% to Rs 143.4 Crores from Rs 105 Crores EBITDA up 87% to Rs 62. 7 Crores from Rs 33.6 Crores PAT up 60% to Rs 65.2 Crores from Rs 40.7 Crores Margin Expansion on 9M YoY basis i.e., for the period of 9M FY2022 vs 9M FY2021: EBITDA Margins expanded to 44% from 32% PAT Margins expanded to 37% from 30% Rohan Verma, CEO & Executive Director, Mapmylndia, said "The future is looking more exciting than ever before, and we are very confident and optimistic about our company's short- and long- term future. As we near the anniversary of the Government of India's historic geospatial sector reforms that were announced on 15th February 2021, we express our gratitude to the government for enabling an Aatmanirbhar Bharat in this sector of national strategic importance, and for encouraging Indian companies in this space through their policies and initiatives. Our talented team continues to innovate world-class maps and technologies and execute on the business with focus and energy. During this last quarter, we welcomed multiple marquee customers across industry verticals, and we thank them as well as our existing customers who continue to trust Mapmylndia's ability to deliver best-inclass solutions and benefits. We are also evaluating and pursuing exciting inorganic opportunities that will help us expand further in the loT and logistics tech space, as well as in the automotive and augmented reality metaverse tech space." Result PDF
Conference Call with C.E. Info Systems Management and Analysts. Listen to the full transcript.