Begins USD 150 million international technology services contract

Order Above 5pct RevenueExport Order Hard CurrencyBusiness Updates View source PDF Explain this filing

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AI summary

Blue Cloud has begun work on Statement of Work No. 1 under its USD 150 million agreement with SpaceX International Ltd, MY. Delivery started on 24 August 2026 and billing is expected this quarter. The order covers AI infrastructure worth USD 70 million, cybersecurity USD 25 million, telecommunications USD 25 million and data centres USD 30 million, delivered through its United States operations. Its value is about 12 to 13 percent of FY26 revenue of ₹1,002 crore, based on current exchange rates.

Likely market impact

The start may support growth and investor sentiment, but revenue and profit depend on delivery, billing and client payments.