Tech
MapmyIndia targets 20-25% revenue growth in FY26, sees margin near 40%
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Rakesh Verma, Co-founder and CMD of MapmyIndia parent CE Info Systems, expects revenue growth to remain on track at 20–25% for 2025-26 (FY26), supported by stronger performance in the second half, especially in the January-March quarter of 2026 (Q4FY26).
Despite higher spending in the second quarter, Verma reaffirmed that profitability remains intact, with earnings before interest, taxes, depreciation and amortisation (EBITDA) margins expected to stay in the 35–40% range, adding that margins are likely to be closer to 40%.
The company’s…
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