C.E. Info Systems Limited — Results, 10-11-2025: Integrated Filing- Financial
10-11-2025 | 07:57 pm
10-11-2025 | 07:57 pm
C.E. Info Systems (MapmyIndia) reported Q2 revenue of ₹113.77 Cr, up 9.74% YoY. This growth was driven by a strong showing in map data and services, despite a slight dip in device sales. However, net profit for the quarter sharply declined 39% YoY to ₹18.52 Cr, with basic EPS falling to ₹3.32 from ₹5.58. The significant profit drop was primarily due to a massive 3.3x surge in technical services outsourcing and project software costs. A new ₹110.19 Cr project win from Indian Oil Corporation is a notable positive development. The results reflect mixed financial momentum, showing revenue strength but significant pressure from rising expenses.
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