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Paramatrix Technologies LimitedUpdates, 30-01-2025: Press Release

30-01-2025 | 02:57 pm

Paramatrix Technologies Limited has secured a three-year contract valued at ₹5.41 Cr with a National-level Market Infrastructure Institution in the Indian Commodities Market for Application Development and Maintenance (ADM). This contract, running from January 2025 to March 2028, underscores the company's expertise in delivering tailored IT solutions and reinforces its commitment to digital transformation. The engagement is expected to enhance operational capabilities for the client while bolstering Paramatrix's presence in the technology sector. With a strong focus on quality and innovation, Paramatrix aims to drive growth and contribute significantly to the client's success throughout the contract period. In FY24, the company reported a Total Income of ₹28.60 Cr, an EBITDA of ₹5.65 Cr, and a Profit After Tax of ₹4.13 Cr. Positive outlook as this deal potentially opens doors for further engagements in the market.

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