Hot Pursuit     18-Mar-24
Railtel Corp rises on Rs 352-cr order win
Railtel Corporation of India added 1.07% to Rs 354.45 after it received the work order from Municipal Corporation of Greater Mumbai worth Rs 351.95 crore.
The public sector enterprise stated that it has been selected through a competitive bid process for execution and maintenance of this project across the health units of BMC in Mumbai.

The scope of work includes supply, installation, testing, commissioning, operations & maintenance of HMIS for Health Department of BMC.

The project is to be completed by 14 March 2030 and the cost of the project is Rs 351.9 crore.

Meanwhile, the company has also secured a work order from State Project Director (Spd), Bihar Education Project Council (Bepc) amounting to Rs 130.60 crore for empanelment of agency for supply of teaching learning material for Class I to V under rate contract. The contract is to be completed by 13 June 2024.

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 94.49% jump in net profit to Rs 62.14 crore on 47.11% rise in revenue from operations to Rs 668.36 crore in Q3 FY24 over in Q3 FY23.

Previous News
  Railtel Corporation of India standalone net profit rises 94.49% in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   07:45 )
  Railtel Corporation of India to announce Quarterly Result
 ( Corporate News - 27-Apr-24   09:32 )
  Railtel wins work order of Rs 36 cr from CDAC
 ( Corporate News - 23-Mar-24   11:40 )
  RailTel bags work order worth Rs 253.35 cr
 ( Corporate News - 02-Feb-23   09:40 )
  RailTel Corp bags work order from Madhya Pradesh Govt for implementing enforcement system
 ( Hot Pursuit - 15-Dec-23   11:10 )
  Board of Railtel Corporation of India recommends Final Dividend
 ( Corporate News - 12-Jul-22   09:15 )
  RailTel Corp bags Rs 122-cr contract from Odisha Government
 ( Hot Pursuit - 23-Apr-22   09:14 )
  Railtel Corporation of India fixes record date for interim dividend of Re 1
 ( Market Beat - Reports 23-Mar-21   10:01 )
  RailTel Corp bags Rs 16 cr order from SECL
 ( Hot Pursuit - 24-Mar-22   11:01 )
  Railtel Corporation of India receives work order worth Rs 15.76 cr
 ( Corporate News - 24-Mar-22   10:26 )
  RailTel Corporation of India
 ( IPO Centre - New Issue Monitor 15-Feb-21   14:23 )
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