22-Jul-2025      10:15

Atishay surges after consortium bags contract from Karnataka's State Election Commission

The said rate contract is valid for five years, i.e. up to 20 July 2030. The contract covers the 'preparation (generation, integration & merging of electoral database) and printing of photo electoral rolls & other printing works activities' for local body elections across all 31 districts in Karnataka.

As a rate-based contract, it has no fixed monetary value upfront. The total earnings will depend on the actual work orders placed during the five-year period. However, due to its significant scale and scope, the expected potential value is considerable.

Atishay is primarily engaged in the business of information technology, database management, software development, e-governance, and retail fintech services.

The company's standalone net profit slipped 6.34% to Rs 2.36 crore in Q4 FY25 as against Rs 2.52 crore posted in Q4 FY24. Revenue from operations tanked 26.50% to Rs 12.84 crore in Q4 FY25, compared with Rs 17.47 crore posted in Q4 FY24.

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