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C.E. Info Systems Ltd News

MapmyIndia Q3FY25 results: PAT rises 4% to Rs 32.3 cr, revenue up 24.5%

CE Info Systems, the parent company of MapmyIndia, on Tuesday reported a 4 per cent rise in consolidated net profit to Rs 32.3 crore for the quarter ended December 2024. Its revenue from operations rose 24.5 per cent year-on-year to Rs 114.5 crore in Q3 FY25. MapmyIndia Chairman and Managing Director Rakesh Verma said: "In Q3 FY25, we successfully operationalised the joint venture with Hyundai Autoever in Indonesia, marking an important step in expanding our global footprint". As part of the company's long-term strategy, both the Mappls App and brand will continue to be an integral part of the organisation, Verma added. In terms of profitability, its EBITDA for Q3 FY25 was about Rs 42 crore compared to Rs 36 crore in Q3 FY24. "We will continue to prioritise the Mappls App as a key strategic asset while we will calibrate the costs associated from Q4 onwards," the company said in its earnings release. In Q3 FY25, Consumer Tech and Enterprise Digital Transformation (C&E) revenue ...

MapmyIndia Q3FY25 results: PAT rises 4% to Rs 32.3 cr, revenue up 24.5%
Updated On : 28 Jan 2025 | 9:35 PM IST

Here's why MapmyIndia share price dropped 5% on December 10, details here

The fall in MapmyIndia share came after the board of the company said that it has scrapped plans to invest in a company being set up by its outgoing CEO after receiving investor feedback

Here's why MapmyIndia share price dropped 5% on December 10, details here
Updated On : 10 Dec 2024 | 10:09 AM IST

MapmyIndia parent scraps plan to invest in outgoing CEO's firm, shares rise

MapmyIndia powers Apple Inc's maps in the country and garners 99 per cent of its revenue from providing map-related services to other businesses

MapmyIndia parent scraps plan to invest in outgoing CEO's firm, shares rise
Updated On : 09 Dec 2024 | 4:39 PM IST

MapmyIndia slips 12% in 2 days as Rohan Verma exits as CEO to float new co

Rohan Verma's departure as CEO to set up a new venture could create a leadership vacuum, according to analysts

MapmyIndia slips 12% in 2 days as Rohan Verma exits as CEO to float new co
Updated On : 03 Dec 2024 | 1:34 PM IST

Here's why shares of MapmyIndia operator C.E. Info Systems slipped 4% today

In the new company, Rohan will hold a 90 per cent stake while the balance 10 per cent will be with MapmyIndia

Here's why shares of MapmyIndia operator C.E. Info Systems slipped 4% today
Updated On : 02 Dec 2024 | 12:31 PM IST

C.E. Infosystems partners with Zoomcar; share price rises 3%

The collaboration will enable users to seamlessly book a Zoomcar and plan their trips on the Mappls App

C.E. Infosystems partners with Zoomcar; share price rises 3%
Updated On : 12 Sep 2024 | 2:05 PM IST