C.E. Info Systems Ltd (MAPMYINDIA) Q3FY25 Concall Summary - Dec-2024 Qtr
Performance Overview
- CE Info Systems reported strong revenue growth of 25% YoY, reaching Rs. 115 crores in Q3 FY25.
- The Consumer Tech and Enterprise (C&E) segment saw a significant 39% YoY revenue increase, driven by major deal wins with a global social media network, quick commerce businesses, and BFSI clients.
- Automotive and Mobility Tech (A&M) segment experienced steady 9% YoY growth, outpacing the overall auto industry.
- Map-led business achieved robust 33% YoY growth, while IoT-led business faced delays in anticipated projects but saw a 31% YoY increase in subscription revenue.
- The company remains confident in achieving its full-year revenue growth target of 25%.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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