Latest news with #CeinsysTech
Business Standard
12-05-2025
- Business
- Business Standard
Ceinsys Tech hits the roof after securing LoA for 3-year contract from MMRDA
Ceinsys Tech was locked in 5% upper circuit at Rs 1566.45 after the company announced that it has received a letter of award (LoA) for a three year project from Mumbai Metropolitan Region Development Authority (MMRDA). The contract is for undertaking the supply, installation and commissioning of Autodesk Architecture, Engineering and Construction (AEC) Collection IC Commercial ELD for MMRDA. The AEC Collection is a suite of professional software tools used for designing and managing construction projects. The total value of the above contract is Rs 5.50 crore. Ceinsys Tech is a part of the Nagpur-based Meghe group. The company is a technology solutions provider of geospatial engineering, mobility engineering services and enterprise solutions. The company has organised its business into three segments: enterprise geospatial & engineering services (EGES), software products and power generation. The company's consolidated net profit jumped 88.37% to Rs 21.87 crore in the quarter ended March 2025 from Rs 11.61 crore recorded in the previous quarter ended March 2024. Revenue in the fourth quarter increased by 81.92% YoY to Rs 142.39 crore. In the last one year, the scrip has zoomed 194.15% while the benchmark S&P BSE Sensex and the S&P BSE SmallCap index have gained 11.87% and 6.59%, respectively.
Business Standard
08-05-2025
- Business
- Business Standard
Ceinsys Tech spurts on bagging order worth Rs 11.39 cr
Ceinsys Tech rallied 3.26% to Rs 1,566.95 after it received a work order worth Rs 11.39 crore for project management consultancy of an underground drainage system in Navghar-Manikpur Zone-6 from the Vasai Virar City Municipal Corporation. The total project cost is estimated at Rs 11,39,00,000 and was tentatively scheduled to be completed in two years. Ceinsys Tech is primarily dealing in providing enterprise geospatial & engineering services and sale of software and electricity. The companys consolidated net profit jumped 88.4% to Rs 21.87 crore on 81.9% increase in revenue from operations to Rs 142.39 crore in Q4 FY25 over Q4 FY24.
Business Standard
05-05-2025
- Business
- Business Standard
Ceinsys Tech consolidated net profit rises 88.37% in the March 2025 quarter
Sales rise 81.92% to Rs 142.39 crore Net profit of Ceinsys Tech rose 88.37% to Rs 21.87 crore in the quarter ended March 2025 as against Rs 11.61 crore during the previous quarter ended March 2024. Sales rose 81.92% to Rs 142.39 crore in the quarter ended March 2025 as against Rs 78.27 crore during the previous quarter ended March 2024. For the full year,net profit rose 80.69% to Rs 63.24 crore in the year ended March 2025 as against Rs 35.00 crore during the previous year ended March 2024. Sales rose 65.28% to Rs 418.06 crore in the year ended March 2025 as against Rs 252.94 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 142.3978.27 82 418.06252.94 65 OPM % 18.8015.74 - 18.6617.42 - PBDT 31.0517.12 81 97.7654.82 78 PBT 28.4115.87 79 89.5449.66 80 NP 21.8711.61 88 63.2435.00 81
