The company understands the business processes, key drivers for effective service delivery, issues, and challenges. The company shares a long-standing relationship with IOCL, and this renewal furthers their commitment to meet the technical requirements of the constantly evolving digital technology landscape to remain effective in the long run.

Commenting on this contract, Thompson P. Gnanam, managing director, and Global CEO, 3i Infotech said, “This multi-year deal is a major milestone for 3i Infotech, as we look to grow our portfolio of government and public sector enterprises. We are committed to delivering innovative end-to-end solutions to the complex requirements of our clients.”

3i Infotech has been committed to driving business value across multiple industry verticals. The company has emerged as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, healthcare, manufacturing, education, telecom, media & entertainment, retail and government sectors.

The company reported a net profit of Rs 13.05 crore in Q3 FY23 as against net loss of Rs 22.63 crore in Q3 FY22. Net sales rose 10% year on year to Rs 182.30 crore in Q3 FY23.