The company secured a ₹37.18-crore contract from Madhya Pradesh State Electronics Development Corporation Ltd for system integration, expansion of the state data centre (SDC), and establishment of a disaster recovery (DR) centre. The project is scheduled for completion by June 27, 2029.
Additionally, RailTel received a ₹26.37-crore contract from Cuttack Development Authority for setting up 14 units of a billboard system, including hardware, AMC, and command control support across various locations in Cuttack city. This project is expected to be completed by July 11, 2025.
Also Read: RailTel Corporation bags ₹111.43 crore signalling and telecom contract from South Central Railway
RailTel Corporation’s third quarter net profit increased by 4.7% year-on-year (YoY) to ₹65 crore compared to ₹62.1 crore in the same period last year. Revenue from operations surged 14.8% YoY to ₹767.6 crore, up from ₹668.4 crore in Q3 FY24.
However, the company’s EBITDA saw a 6.6% YoY decline, coming in at ₹121 crore against ₹129.7 crore in the year-ago quarter. Consequently, the EBITDA margin contracted to 15.8%, down from 19.4% in Q3 FY24.
Shares of Railtel Corporation of India Ltd ended at ₹281.20, down by ₹16.75, or 5.62%, on the BSE.
Also Read: RailTel Corporation bags ₹78.4-crore order from Bharat Coking Coal
(Edited by : Shoma Bhattacharjee)
