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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 India's vision of a $5 trillion economy and Maharashtra's 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 company's involvement in these initiatives directly aligns with the Government of India's 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 India's 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 company's 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. Powered by Capital Market - Live News |