Latest News | Genesys Posts Rs 15.86 Cr Net Profit in Q3

New Delhi, Feb 14 (PTI) Digital mapping firm Genesys on Wednesday posted a net profit of Rs 15.86 crore for the December quarter.

The company had posted a profit after tax of Rs 7.86 crore in the year-ago period.

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Genesys posted a 9 per cent rise in consolidated revenue to Rs 59.33 crore during the third quarter of the ongoing fiscal from Rs 54.42 crore a year ago.

"This quarter has been highly successful for us as our 3D mapping and digital twin content platform are rapidly gaining traction, evident from our current business performance," Genesys International Chairman and Managing Director Sajid Malik said.

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"We've achieved significant milestones recently, including our partnership with Survey of India to revolutionise Indian mapping by creating digital twins of indian cities," Malik added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)