We would like to inform you that the company has bagged new order from HAL, Ministry of Defence for deployment of 75 resources for 2 years. the total contract value is INR 4,15,35,187.41/- ....
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ITCONS E-Solutions has won a new contract from Hindustan Aeronautics Limited (HAL), a Government of India enterprise under the Ministry of Defence. The company will deploy 75 resources for manpower outsourcing services over a 2-year period. The total contract value is approximately ₹4.15 crore (₹4,15,35,187.41), inclusive of all taxes and duties. The contract runs from January 1, 2026 to December 31, 2027, with the option to extend by mutual agreement. The company has highlighted this as a significant milestone, reflecting continued trust from Government agencies. There is no promoter or related party interest in the awarding entity.
This order adds revenue visibility for FY26 and FY27 from a prestigious government defence PSU, which is a positive credibility signal for retail investors. However, the absolute contract size (~₹4.15 crore over 2 years) is modest, so the direct impact on share price may be limited unless it leads to larger follow-on orders.