Atishay has secured a significant domestic contract worth ₹82.25 lakh from The Udaipur Central Cooperative Bank for the supply, installation, commissioning, and maintenance of Micro ATM devices under the Cooperative Department, Rajasthan. According to Business Standard, the project involves deploying Micro ATM devices for Primary Agricultural Credit Societies (PACS) and Dairy Societies associated with the bank. The contract is scheduled to be completed by August 7, 2026, demonstrating the company's expanding presence in the financial technology sector.
On the financial front, Atishay reported a 25% decline in standalone net profit to ₹1.77 crore for the quarter ended March 2026, compared with ₹2.36 crore in the quarter ended March 2025. Revenue from operations declined 20.79% to ₹10.17 crore in Q4 FY26, compared with ₹12.84 crore in the corresponding quarter of the previous year. As reported by Business Standard, the company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the awarding authority.
The stock price responded positively to the contract announcement, with Atishay shares gaining 2.47% to close at ₹203.35 on the BSE following the contract news. According to Business Standard, the company confirmed that the order is a standard domestic contract and is not a related party transaction. Atishay is primarily engaged in the business of information technology, database management, software development, e-governance, and fintech services, positioning it well for contracts in the financial technology sector.
