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C.E. Info Systems Ltd Q1FY24; 32% rise in Profits.

C E Info Systems Limited (“MapmyIndia”) was incorporated on February 17, 1995. The company is a data and technology products and platforms company, offering proprietary digital maps as a service (“MaaS”), software as a service (“SaaS”), and platform as a service (“PaaS”). They are India’s leading provider of advanced digital maps, geospatial software, and location-based IoT technologies.

Financial Results:

C.E. Info Systems Ltd reported Revenues for Q1FY24 of ₹75.00 Crores up from ₹62.00 Crore year on year, a rise of 20.97%.

Total Expenses for Q1FY24 of ₹40.00 Crores up from ₹34.00 Crores year on year, a rise of 17.65%.

Consolidated Net Profit of ₹33.00 Crores up 32.0% from ₹25.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.20, up 31.36% from ₹4.72 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: MAPS
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