Receives purchase order for IT management services worth about Rs. 5.33 crores from a state-owned power utility
3i Infotech has received a purchase order dated October 22, 2026 from a new customer — a state-owned power distribution utility in India.
By ScoutQuest · · 2 min read
- Order Value
- approximately Rs. 5.33 crores, exclusive of applicable taxes
- Contract Duration
- 3 years, starting November 1, 2026
- Purchase Order Date
- October 22, 2026
A new order from a government-owned utility
3i Infotech has received a purchase order on October 22, 2026 from a new customer, described as a state-owned power distribution utility in India. Because this is a first-time customer, the order adds a new name to the company's client list rather than extending an existing contract.
What the company will do
- The contract covers IT Management Services for supporting and managing the customer's infrastructure.
- The scope lists servers, storage, database, network, securities, software and related applications.
- This equipment sits in the customer's Data Centre and Disaster Recovery environment.
- Annexure A describes the nature of the order as Managed Services for IT infrastructure and applications.
Size and duration
- Committed value is approximately Rs. 5.33 crores, exclusive of applicable taxes.
- The order is for 3 years, commencing November 1, 2026.
- The awarding entity is a domestic entity and the order is domestic in nature.
Why the company disclosed it
- The company states it is making this disclosure on a voluntary basis because the amount involved is below the materiality threshold limits under Regulation 30.
- Standard details are given in Annexure A, including that promoter/promoter group/group companies have no interest in the awarding entity, and that the order does not fall within related party transactions.
- The name of the customer cannot be disclosed due to confidentiality obligations.
What a retail investor can take away
This is an order win of about Rs. 5.33 crores spread over 3 years, which the company itself places below its materiality threshold. It shows continued flow of managed-services business from government-owned customers, but the size is modest relative to a three-year period. The revenue is committed but spread across the contract term, not received upfront.
Also from 3i Infotech
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Board meeting on October 29, 2026 to consider and approve unaudited Q2 and H1 results
14 Oct 2026
Nomination and Remuneration Committee approves grant of 8,75,000 stock options under ESOP 2023
13 Oct 2026
More numbers
- Committed value of the purchase orderRs. 5.33 crores
- Contract period3 years
- Broad consideration or size of orderRs. 5.33 crore
- Execution period as per Annexure AThree years
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