We are happy to announce that the company has been awarded new bid by Ministry of Defence for deployment of 24 resources for unskilled/semi-skilled work for the period of 1 year. Total ....
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ITCONS E-Solutions has won a new contract from the Armed Forces Tribunal, under the Department of Defence, Ministry of Defence. The contract involves deploying 24 personnel for unskilled and semi-skilled work for a one-year period starting May 30, 2025. The total contract value is approximately ₹72.03 lakh (₹72,02,586.63). The work falls under manpower supply services and is a domestic order with no related-party interest. The contract size is relatively small in absolute terms for a listed company.
This is a modest new business win from a government defence entity, providing one year of revenue visibility, though the order size is small and unlikely to materially move the stock. Positively, it adds credibility to the company's ability to secure government/defence sector work.