DEVIT wins INR 3.18 Crore order from NICSI for Rajasthan government project
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DEVIT secured a fixed-cost work order worth approximately INR 3.18 Crore from National Informatics Centre Services Incorporated (NICSI) for the Directorate of Treasuries and Accounts, Government of Rajasthan. The project covers development of IFMS 3.0 web and mobile applications including Pension, Employee, Salary, Works and Accounts management modules. Execution timeline is about 4 months. Domestic state-level order, not a related party transaction.
Small positive: adds INR 3.18 Crore to order pipeline from a state government client. Order size is modest and execution window is short, limiting near-term earnings impact.