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C.E. Info Systems Ltd Q2FY25; 9% fall 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 Q2FY25 of ₹104.00 Crores up from ₹91.00 Crore year on year, a rise of 14.29%.

Total Expenses for Q2FY25 of ₹74.00 Crores up from ₹56.00 Crores year on year, a rise of 32.14%.

Consolidated Net Profit of ₹30.00 Crores down 9.09% from ₹33.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.58, down 8.67% from ₹6.11 in the same quarter of the previous year.

Tags: digital maps
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