Net profit of Ceinsys Tech rose 150.00% to Rs 11.65 crore in the quarter ended September 2024 as against Rs 4.66 crore during the previous quarter ended September 2023. Sales rose 54.52% to Rs 90.04 crore in the quarter ended September 2024 as against Rs 58.27 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales90.0458.27 55 OPM %18.6016.84 - PBDT22.3111.53 93 PBT20.8010.20 104 NP11.654.66 150 Powered by Capital Market - Live

Ceinsys Tech will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

Ceinsys Tech has received Letter of Acceptance from Maharashtra Housing and Area Development Authority (MHADA) amounting to Rs. 27.77 crore for selection of System Integrator for Integrated Digital Transformation of MHADA. Powered by Capital Market - Live

Ceinsys Tech has received Letter of Award from State Water and Sanitation Mission (SWSM), Water Supply and Sanitation Department (WSSD), Government of Maharashtra amounting to Rs.331.61 crore for Appointment of System Integrators (SI's) for IoT Deployment including Design, Implementation & Maintenance with Centralized IoT Platform for Jal Jeevan Mission Projects in State of Maharashtra for Phase II. Powered by Capital Market - Live

Ceinsys Tech has received letter of acceptance from City And Industrial Development Corporation of Maharashtra (CIDCO) for Selection of Service Provider for Implementation of Integrated GIS Enterprises amounting to Rs. 29.20 crore. Powered by Capital Market - Live

Ceinsys Tech has successfully allotted equity shares on a preferential allotment basis and share warrants to raise Rs. 235 crore (US $ 28 mn). This move will enable the company to expand through inorganic growth activities while also enabling Ceinsys's international footprint to increase by expanding its services portfolio overseas. The company has already started its efforts in that direction by recently acquiring the business assets of the USA based geospatial entity VTS. In addition to the investment in the USA, the Company has also expanded its presence to the Asia Pacific region by setting up a wholly owned subsidiary to expand into technology enablement services that will be offered globally. Rare Capital, a US based investment firm with a successful track record in investing in emerging growth companies has invested almost Rs. 125 crore (US $ 15 million) as part of this preferential allotment. This investment aligns with the firms focus on similar high growth market segments in which Ceinsys Tech operates and the firm's leadership has expressed their excitement around what their investment will enable and how it will contribute to the sustainable growth of the Company. Powered by Capital Market - Live

Ceinsys Tech announced that the Annual General Meeting (AGM) of the company will be held on 20 September 2024.Powered by Capital Market - Live

Ceinsys Tech announced that the Annual General Meeting (AGM) of the company will be held on 20 September 2024.Powered by Capital Market - Live

Net profit of Ceinsys Tech rose 42.29% to Rs 11.91 crore in the quarter ended June 2024 as against Rs 8.37 crore during the previous quarter ended June 2023. Sales rose 37.20% to Rs 73.84 crore in the quarter ended June 2024 as against Rs 53.82 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales73.8453.82 37 OPM %17.9221.09 - PBDT17.4512.19 43 PBT16.1410.90 48 NP11.918.37 42 Powered by Capital Market - Live

Ceinsys Tech will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live