Railtel Corp bags Rs 11-cr order from Northern Railways

05 Sept 2024

Railtel Corp bags Rs 11-cr order from Northern Railways

The project is designated as Project-LDH-S and T. It is to be executed at the office of the Deputy Chief Signal and Telecommunication Engineer (Works) / Ludhiana, located opposite the Railway Hospital, Civil Lines, Ludhiana, Punjab, India.

The said order is worth Rs 10,92,47,304 and is expected to be completed by 4 September 2025.

RailTel a Mini Ratna (Category-I) central public sector enterprise, is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fiber network covering several towns & cities and rural areas of the country.

The company reported 23.4% rise in consolidated net profit to Rs 68.15 crore in Q1 FY25 as compared to Rs 55.24 crore posted in Q1 FY25. Revenue from operations jumped 39.8% YoY to Rs 599.15 crore in Q1 FY25.

The scrip rose 0.38% to Rs 496.20 on the BSE.

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