The company clarified that neither its promoters nor promoter group entities have any interest in the awarding authority. It also stated that the contract does not qualify as a related-party transaction under applicable regulatory norms.

Ceinsys Tech is primarily dealing in providing enterprise geospatial & engineering services and the sale of software and power generation.

The company's consolidated net profit zoomed 118.2% to Rs 38.87 crore on an 52% rise in revenue from operations to Rs 169.94 in Q3 FY26 over Q3 FY25.

The counter slipped 3.33% to Rs 993.55 on the BSE.

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