Business Update
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Awaiting price reaction for this filing.
Sattrix Information Security Ltd's wholly-owned US subsidiary (Sattrix Information Security Inc., Delaware) has received a work order valued at USD 3,84,000 (approx. ₹3.3 crore) from a leading US Healthcare client operating two hospitals and one clinic. The order involves supply of licenses and is to be delivered within 12 months. The company expects this to significantly add to its revenue and order book, projecting a 100% growth in total revenue from international markets in FY 2025-26. Sattrix also mentions the deployed solutions are projected to cut the client's IT spend by at least 10%.
Positive for the stock — the order adds a new high-value US healthcare client, strengthens the international order pipeline, and management has formally guided to a doubling of international revenue next year, though the absolute deal size is modest.