Latest news with #ChoiceConsultancyServices
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Business Standard
4 days ago
- Business
- Business Standard
Choice Int'l arm secures Rs 63.47 cr govt projects in Maharashtra, Odisha
Choice Consultancy Services, an arm of Choice International, on Thursday said it has secured project management contracts worth Rs 63.47 crore across Maharashtra and Odisha. The company has been awarded a Rs 52.80 crore work order from the Maharashtra Institution for Transformation (MITRA) under the World Bank-backed MahaSTRIDE programme to set up District Strategic Units in Chhatrapati Sambhajinagar Division, the company said in a statement. In Odisha, the firm emerged as the top-ranked bidder for a Rs 10.67 crore project floated by the State Urban Development Agency to provide engineering consultancy in 58 urban local bodies, it added. "These project wins further validate our strategic direction and reinforce our positioning as a trusted execution partner in high-value public sector initiatives," Choice International's CEO and Executive Director, Arun Poddar, said.
Business Standard
4 days ago
- Business
- Business Standard
Choice Intl's arm bags Rs 63.43 cr projects from Maharashtra and Odisha Governments
Choice International announced that its wholly owned subsidiary, Choice Consultancy Services, has secured two significant project development contracts worth approximately Rs 63.47 crore (inclusive of GST). The projects have been awarded by the State Governments of Maharashtra and Odisha. These contracts mark a significant step in expanding the company's footprint in the public sector transformation and infrastructure planning sectors across India. The company has been awarded a prestigious work order worth Rs 52.80 crores by the Maharashtra Institution for Transformation (MITRA), part of the Government of Maharashtra. This assignment is a crucial part of the World Bank-supported MahaSTRIDE Program aimed at enhancing institutional capabilities at the district level across the Chhatrapati Sambhajinagar Division. The engagement spans a period of five years and focuses on driving data-backed, growth-oriented decision-making. The project is aligned with Indias vision of a $5 trillion economy and Maharashtras goal of achieving a $1 trillion economy. The District Strategic Units (DSUs) established under this initiative will play a pivotal role in supporting these economic goals. Additionally, Choice Consultancy Services has emerged as the H1 (highest-ranked) bidder for the project titled Providing Engineering Consultancy Services in 58 Urban Local Bodies of Odisha State. The project, floated by the State Urban Development Agency (SUDA) under the Housing and Urban Development Department, Government of Odisha, aims to enhance urban infrastructure planning and technical capacity to manage rapid urbanization across the state. With a proposed value of Rs 10.67 crores, this engagement is expected to span two years, pending the final confirmation of the work order. The companys involvement in these initiatives directly aligns with the Government of Indias vision to modernize institutions, expand digital access, and promote inclusive economic growth. By contributing to these transformative programs, the company solidifies its position as a trusted partner in executing high-impact public development strategies across the nation, it added. Arun Poddar, CEO of Choice International, said: "We are proud to deepen our engagement with public sector partners through these important assignments. Our commitment to advancing Institutional capabilities and urban infrastructure is unwavering, and we remain focused on delivering impact-driven, technology-enabled solutions that empower communities and contribute to Indias long-term growth. These project wins further validate our strategic direction and reinforce our positioning as a trusted execution partner in high-value public sector initiatives." Headquartered in Mumbai, Choice Group is a decade old organization, engaged in providing diversified services on finance, engineering and consulting activities. It has its membership and registration with SEBI, RBI, NSE, BSE, MCX, NCDEX, AMFI and depository participant with CDSL & NSDL. The companys consolidated net profit jumped 35.85% to Rs 53.51 crore on 17.93% increase in revenue from operations to Rs 253 crore in Q4 FY25 over Q4 FY24. The scrip shed 0.11% to Rs 7.05.10 on the BSE.
Business Standard
29-04-2025
- Business
- Business Standard
Choice Consultancy Services wins orders worth Rs 67 cr
Comprising of PACS digitization and BharatNet program Choice Consultancy Services, wholly owned subsidiary of Choice International, has announced the award of prestigious new contracts totalling approximately Rs 67 crore, further strengthening its leadership in driving rural and digital transformation initiatives across India. The company has been awarded an additional work order worth Rs 46.34 crore (Inclusive of GST) by the Office of the Registrar, Cooperative Societies, Bihar, for the computerization of 3576 Primary Agricultural Credit Societies (PACS). Building upon its strong performance during the first phase of the project, Choice Consultancy Services will continue to serve as the System Integrator, leveraging technology to enhance operational efficiency, transparency, and service delivery within PACS across the state. Choice team is currently working to digitize more than 9000 PACS across India and more than 4000 PACS in Bihar. In Karnataka, Choice Consultancy Services has been awarded a work order valued at Rs 10.23 crore (Inclusive of GST) by the Office of the Registrar, Cooperative Societies, Karnataka, for the computerization of 878 PACS. As part of this engagement, the company will undertake data digitization, migration, handholding, and support services across grassroots institutions, ensuring seamless digital transformation across rural communities. Additionally, Choice Consultancy Services has been appointed as the Project Monitoring Unit (PMU) by ITI and Tera Software for the implementation of the Amended BharatNet Program across West Bengal, Himachal Pradesh and the North Eastern region. Valued at Rs 10.26 crores (Inclusive of GST), the three-year assignment encompasses project monitoring, evaluation, vendor coordination, progress reporting, and strategic support to strengthen broadband connectivity in some of the remotest regions of the country.
