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The Board of C.E. Info Systems Limited has approved its unaudited financial results for the quarter and nine months ended December 31, 2024. The total revenue from operations rose to ₹11,454 Cr, significantly up from ₹10,367 Cr in the previous quarter, mainly driven by increased sales in map data and services. However, expenses also saw a rise, culminating in a profit before tax of ₹4,429 Cr, compared to ₹4,070 Cr the previous quarter. The company reported a net profit of ₹3,261 Cr for the quarter, with earnings per share reaching ₹5.99.
Additionally, the Board approved the allotment of 16,612 equity shares under the Employee Stock Option Plan (ESOP), further incentivizing employees. This strategic move, alongside strong financial performance, presents a positive outlook for potential growth and shareholder value in the market. The company is focused on enhancing its core offerings in map data services and expanding its technological capabilities. Investors should closely monitor ongoing developments and performance trends.