The shares Navratna PSU specializes in offering a wide range of services including data communication, network management, system integration, and more in focus, after receiving a new work order from North Frontier Railway for Rs. 49.68 crores
Price action
With a market capitalization of 11,510 Crores on Thursday, the shares of Railtel Corporation of India Ltd declined upto 0.5 percent after making a low of Rs 355.95 compared to its previous closing price of Rs. 358.65.
What Happened
Railtel Corporation of India Ltd engaged in offering a wide range of services including data communication, network management, system integration, and more has received a domestic work order for Rs. 49.68 crores from North Frontier Railway. The order is for providing a Video Surveillance System at 340 stations of the N.F Railway which is to be executed by May 2026.
About the company
Railtel Corporation of India Ltd one of the leading PSU stock under the Ministry of Railways specializes in providing broadband and telecom services to various sectors and they operate and leverage the extensive infrastructure of Indian Railways to deliver reliable telecommunications and broadband connectivity across the country.
Segment’s Revenue (FY23-24)
Railtel Corporation of India Ltd segment revenue is distributed across two services as follows: Telecom services segment revenue grew from Rs. 1,169.4 crores in FY23 to Rs. 1,265.4 crores in FY24 and Project work services grew from Rs. 787.8 crores in FY23 to Rs. 1,302.3 crores in FY24.
Financials (Q3 Resuls)
The company’s Revenue from operations grew by 15.9 percent YoY from Rs. 674.81 Crores in Q3FY24 to Rs. 782.29 Crores in Q3FY25 and it fell by 9.3 percent QoQ from Rs. 862.51 Crores in Q2FY25 to Rs. 782.29 Crores in Q3FY25.
Its Net Profit rose 4.6 percent YoY from Rs. 62.14 Crores in Q3FY24 to Rs. 65.05 Crores in Q3FY25 and it fell by 10.4 percent QoQ from Rs. 72.64 Crores in Q2FY25 to Rs. 65.05 Crores in Q3FY25.
Written by Sridhar J
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