Advanced mapping company posts revenue growth of 55% as India's digital infrastructure needs drive geospatial services adoption.
31 May 2025 | 3636 Views | By Angitha Suresh
Genesys International Corporation reported a 160% increase in annual profit for the financial year ended March 2025, with net profit rising to Rs 56.10 crore from Rs 21.61 crore in the previous year. The Mumbai-based mapping services company also recorded revenue growth of 55% to Rs 315.39 crore.
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Genesys International Corporation reported a 160% increase in annual profit for the financial year ended March 2025, with net profit rising to Rs 56.10 crore from Rs 21.61 crore in the previous year. The Mumbai-based mapping services company also recorded revenue growth of 55% to Rs 315.39 crore.
The company's earnings before interest, taxes, depreciation and amortization increased 71% to Rs 146.48 crore for FY25. In the fourth quarter, revenue reached Rs 94.27 crore, representing a 32% year-on-year increase and 4% sequential growth from the previous quarter.
Chairman and Managing Director Sajid Malik attributed the performance to increased adoption of high-definition map data across sectors including infrastructure development, urban planning, transportation, logistics, telecommunications and utilities. He described the demand for geospatial intelligence as becoming a necessity rather than optional for businesses and government agencies.
The company completed the rollout of its India Map Stack during the year, which Malik characterized as a foundation for next-generation mapping solutions. The platform is designed to serve businesses, governments and technology partners requiring precise location-based data for decision-making processes.
Genesys International operates with over 2,000 professionals and maintains a network of sensors across India for mapping and surveying services. The company provides geospatial solutions to both enterprise and government clients, focusing on emerging consumer applications related to mapping technology.
The mapping industry in India has experienced growth as the government pushes digital infrastructure initiatives and private companies seek location-based services for logistics, delivery and navigation applications. The sector has benefited from increased smartphone adoption and the expansion of e-commerce platforms requiring accurate location data.
For the fourth quarter, the company's EBITDA margin stood at 53%, compared to 51% in the previous quarter. The quarterly net profit of Rs 18.95 crore represented a 28% increase from the same period last year, though it declined 8% from the third quarter.
The company's stock performance and market capitalization were not disclosed in the financial announcement. Genesys International trades on Indian stock exchanges and has been expanding its service offerings to capture demand from India's growing digital economy.