Exato Technologies lands ₹24.58 Cr managed services deals with iQor India

TECHNOLOGY
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AuthorAarav Shah|Published at:
Exato Technologies lands ₹24.58 Cr managed services deals with iQor India
Overview

Exato Technologies announced it has secured three new managed services orders from iQor India, valued at ₹24.58 crore. The contracts extend through August 2027, providing revenue visibility and highlighting the company's technical capabilities.

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Exato Technologies Lands Major Managed Services Contracts

Exato Technologies Limited has secured three significant new orders from iQor India Services Private Limited. The total value of these managed services contracts is INR 24,57,92,000, excluding taxes.

These new deals are expected to significantly boost Exato Technologies' revenue outlook. With an execution period stretching up to August 2027, the contracts offer strong revenue visibility for the company.

Exato Technologies attributes its success in securing these contracts to its robust technical expertise and a steadfast commitment to delivering high-quality software and technology solutions.

The company will now focus on executing these managed services contracts, aiming to provide top-tier services to iQor India. This achievement is poised to enhance Exato Technologies' standing in the managed services sector.

Potential challenges for Exato Technologies include ensuring timely execution and maintaining service quality throughout the contract duration. Any delivery issues or quality lapses could affect the future business relationship with iQor India.

In the competitive IT services and managed services market, Exato Technologies' successful bid for these substantial contracts underscores its competitive strength and ability to win business against peers.

Key metrics for these contracts include:

  • Total Value: INR 24,57,92,000
  • Delivery Timeline: Through August 31, 2027, and September 1, 2027.
  • Client: iQor India Services Private Limited, based in Noida.

Moving forward, investors will be keen to monitor Exato Technologies' execution progress on these orders, its financial performance in upcoming quarters, and any additional contract wins that signal continued growth.

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