The Board of C.E. Info Systems at its meeting held on 08 November 2024 has approved to further invest an amount of USD 0.5 Million in its Wholly Owned Subsidiary Company C.E. International Inc., USA in one or more tranches.Powered by Capital Market - Live

The Board of C.E. Info Systems at its meeting held on 08 November 2024 has approved the incorporation of a joint venture company in Indonesia between the company and Hyundai AutoEver (wholly owned subsidiary of Hyundai Motor Company), Korea with the name PT Terra Link Technologies with an initial capital of USD 10 Million and the Company has approved the investment of USD 4 Million for acquiring 40% stake in proposed JV.Powered by Capital Market - Live

Net profit of C.E. Info Systems declined 8.20% to Rs 30.33 crore in the quarter ended September 2024 as against Rs 33.04 crore during the previous quarter ended September 2023. Sales rose 13.82% to Rs 103.67 crore in the quarter ended September 2024 as against Rs 91.08 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales103.6791.08 14 OPM %35.7944.41 - PBDT46.2747.93 -3 PBT40.7044.20 -8 NP30.3333.04 -8 Powered by Capital Market - Live

C.E. Info Systems will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

C.E. Info Systems will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

Revenue from operations jumped 13.51% year on year (YoY) to Rs 101.49 crore in Q1 FY25. Profit before tax stood at Rs 47.15 crore in Q1 FY25, up 12.66% from Rs 41.85 crore recorded in the corresponding quarter previous fiscal. EBITDA grew by 14.3% to Rs 42.8 crore in Q1 FY25 as compared to Rs 37.4 crore posted in same quarter last year. EBITDA margin improved to 42.1% in Q1 FY25 as against 41.9% in Q1 FY24. Cash and cash equivalents (including financial instruments) stood at Rs 552.3 crore during the quarter as against Rs 492.4 posted in Q1 FY24. Rakesh Verma, chairman & managing director, MapmyIndia, said, 'Our Map-led business demonstrated strong growth of 17.2% and EBITDA margins of 50.1%. Our IoT-led business, as per our focus, showed tremendous growth of 89.6% in its High Margin SaaS revenue. During Q1FY25, we also expanded the capabilities and addressable market for MapmyIndia to cover AI-Driven Data Analytics & Consulting needs of customers across industry verticals, and this will be beneficial to MapmyIndia in the time to come. The levers for growth and profitability are in place, and we are on track towards our milestone of crossing Rs 1000 crore revenue by FY27/FY28.' Rohan Verma, CEO & executive director, MapmyIndia, said, 'During Q1FY25, our A&M (Automotive & Mobility Tech) revenue grew 9.5% and C&E (Consumer Tech & Enterprise Digital Transformation) revenue grew 16.9%. New customer acquisition as well as up-sell and cross-sell of newer use cases and solutions to existing customers were on track, with key wins and go-lives across all our customer segments including automotive, fleets, newage tech companies and traditional corporates, and the government, including defence. Our wide range of solutions saw increased adoption, such as our E-Horizon for ADAS & Advanced EVs, Video Telematics for Fleets, APIs & SDKs for app developers & enterprises, geospatial solutions including 3D digital twin mapping. Besides our offerings of MaaS, SaaS, PaaS and IoT devices, the new add-on ability to deliver AI-driven Data Analytics and Bespoke Consulting to Enterprise clients, will aid us in increasing our value proposition and share of wallet amongst our customers as we can aid them in their digital transformation journey, in an even bigger way. Finally, our consumer products' adoption continues to rise nicely.' C.E. Info Systems provides digital map data, GPS navigation and location-based services, software and customizing its products to customers (combined) through royalty, annuity, subscription. The counter advanced 2.06% to ends at Rs 2,226.90 on Friday, 9 August 2024.Powered by Capital Market - Live

Net profit of C.E. Info Systems rose 11.17% to Rs 35.82 crore in the quarter ended June 2024 as against Rs 32.22 crore during the previous quarter ended June 2023. Sales rose 13.51% to Rs 101.49 crore in the quarter ended June 2024 as against Rs 89.41 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales101.4989.41 14 OPM %41.5841.82 - PBDT51.6745.04 15 PBT47.1541.85 13 NP35.8232.22 11 Powered by Capital Market - Live

C.E. Info Systems will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live