- Guidance: EBITDA margins expected to be stable at 40-45%. FY22 full revenue of 200 crore has already been surpassed.
- The company has invested in Indrones, a drone company, and other companies to expand its addressable market and go deeper with particular partners in particular areas.
- Competition Commission of India has taken action against Google for anti-competitive activities, which could open up opportunities for MapmyIndia in the B2C market.
- Marketing expenses were down during the quarter which helped in better margins.
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