Meta Infotech Secures Rs 216.99 Lakh Renewal Orders for IT Services
Meta Infotech Limited has received renewal purchase orders totaling Rs 216.99 lakh. The orders include Rs 160.99 lakh for Onsite Sustenance Resource Services from April 1, 2025, to February 28, 2027, and Rs 56.00 lakh for AMC Services of Software Products from August 24, 2025, to August 23, 2026. These renewals are part of the company's ordinary course of business and suggest continued client trust in Meta Infotech's services.

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Meta Infotech Limited, a prominent player in the IT services sector, has announced the receipt of significant renewal purchase orders totaling Rs 216.99 lakh. The company disclosed this information in a regulatory filing to the BSE on September 6, 2025.
Order Details
The renewal orders are split into two distinct service categories:
Onsite Sustenance Resource Services: The larger of the two orders, valued at Rs 160.99 lakh, covers a period from April 1, 2025, to February 28, 2027.
AMC Services of Software Products: This order, amounting to Rs 56.00 lakh, is for the period from August 24, 2025, to August 23, 2026.
Financial Implications
The combined value of these orders represents a significant boost to Meta Infotech's order book. Here's a breakdown of the orders:
Service Category | Amount (Rs in lakh) | Contract Period |
---|---|---|
Onsite Sustenance Resource Services | 160.99 | 01.04.2025 - 28.02.2027 |
AMC Services of Software Product | 56.00 | 24.08.2025 - 23.08.2026 |
Total | 216.99 |
Company Statement
Meta Infotech Limited stated that these orders are part of its ordinary course of business. The renewal nature of these contracts suggests a continued trust in the company's services by its clients.
Market Impact
While the immediate market reaction to this news is yet to be seen, such renewals typically indicate client satisfaction and can potentially contribute to the company's revenue stability over the contract periods.
Looking Ahead
The extended timeframes of these contracts, particularly the onsite sustenance services order which runs until early 2027, provide Meta Infotech with a degree of revenue visibility for the coming years. This could be viewed positively by investors and market analysts.
As the IT services landscape continues to evolve, Meta Infotech's ability to secure renewal orders demonstrates its competitive standing in the market. Stakeholders will likely keep a close eye on the company's performance in executing these contracts and its ability to secure additional business in the future.
Historical Stock Returns for Meta Infotech
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-3.00% | -3.22% | -16.25% | -37.08% | -37.08% | -37.08% |