We are plaesed to inform that the Company has received new contract from Basic Education Department, Uttar Prdesh of Rs. 22497238.61. For more details, plaese refer attached file
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ITCONS E-Solutions has won a new contract worth Rs. 2,24,97,238.61 (about Rs. 2.25 crore) from the Basic Education Department, Uttar Pradesh. The work involves deploying 140 manpower resources for the department. The contract runs for one year, starting February 21, 2026 and ending January 20, 2027, with a possibility of extension by mutual agreement. This is a domestic order for manpower outsourcing services, and there is no related-party involvement. The company describes it as a significant milestone reflecting continued trust from government agencies.
This adds a fresh revenue stream of around Rs. 2.25 crore over the next year, which should support the company's topline. For a small company, a government order of this size reinforces credibility with public-sector clients, though the impact on stock price is likely modest given the contract value relative to most listed peers.