Gradiente Infotainment Limited (Gradiente) has bagged a GIS Project from VISICOM, an International Joint Stock company headquartered in Ukraine, for their US operations.
This effort is part of Gradiente’s IT Division expansion and diversification plan with a project outlays of INR 100 Million (Rs. 10 crores) in IT & ITES business.
The entire expansion of Gradiente is likely to be funded partly by private placement, preferential allotment, debt & ADRs.
Gradiente is likely to achieve a top-line of INR 100 Million (Rs. 10crores) approx. and a bottom line of INR 20 Million (Rs. 2 crores) approx. for FY 2023-24.
Facility for executing the GIS project @ Poonamalle Chennai.
Our new facility for executing the GIS project @ Poonamalle near Chennai. Currently it has a staff strength of 30.
