Secured Rs 35.75 Crore work orders from Maharashtra Govt's MAHAJYOTI
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Career Point Edutech won two work orders worth Rs 35.75 Crore from MAHAJYOTI, a Maharashtra government autonomous institute. The orders cover online coaching for JEE, NEET and CET exams for 6,500 OBC welfare students: 3,000 in class 11 (Rs 18.15 Cr) and 3,500 in class 12 (Rs 17.60 Cr). Each engagement runs two years, extendable for two more years.
Government order strengthens order book with multi-year revenue visibility, positive for the stock.