Published On:December 26 2024
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ITCONS Secures ₹3.61 Crore CWC Contract in Kochi.
ITCONS e-Solutions Ltd. has won a ₹3.61 crore contract from the Central Warehousing Corporation (CWC) in Kochi to provide manpower services. The two-year contract, announced on December 23, 2024, will support the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food, and Public Distribution.
This latest contract adds to ITCONS' expanding portfolio in the public sector. Recently, the company also secured a ₹2.47 crore contract with the Food Corporation of India (FCI), further solidifying its presence in government projects.
Gaurav Mittal, Managing Director of ITCONS e-Solutions, expressed that the contract underscores the company’s ability to provide effective workforce solutions for large organizations and enhances its standing in the government sector.
Since its public listing in April 2023, ITCONS has shown strong market performance, with its stock reaching a 52-week high of ₹767 in September 2024. The 18-year-old company, specializing in HR services, continues to grow its footprint across both the public and private sectors.
With this new CWC contract, ITCONS is poised to further strengthen its public sector partnerships, which play a critical role in its long-term business strategy.
HBL