Hot Pursuit     20-Jun-24
Railtel Corp bags order worth Rs 20 cr
The public sector enterprise announced that it has received a work order from South Central Railway for telecomminucation works, aggregating to Rs 20.22 crore.

The order includes telecomminucation works for provision of IP-MPLS in 523 RKM of secunderabad division of South Central Railway.

The project is valued at Rs 20,22,05,784 and is expected to be completed by 18 June 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 3.04% rise in net profit to Rs 77.53 crore on 19.39% rise in revenue from operations to Rs 832.7 crore in Q4 FY24 over in Q4 FY23.

Shares of Railtel Corporation of India shed 0.67% to Rs 423.90 on the BSE.

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