Hot Pursuit     04-Mar-24
RailTel Corp bags order worth Rs 88 cr
The public sector enterprise announced that it has received a work order from State Transport Authority, Odisha, aggregating to Rs 87.85 crore.

The order entails upgradation of existing command control centre to unified command control centre and implementation of intelligent enforcement management system (IEMS) for State Transport Authority, Odisha.

The said project has to be executed within 365 days from the date of letter of acceptance.

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 in Q3 FY24 as compared to Rs 31.95 crore recorded in Q3 FY23. Revenue from operations stood at Rs 668.36 crore in Q3 FY24, registering a growth of 47.11% from Rs 454.32 crore reported in the same period a year ago.

The scrip slipped 1.86% to currently trade at Rs 451 on the BSE.

Previous News
  RailTel wins work order of Rs 17 cr from DRDO
 ( Corporate News - 22-May-24   09:24 )
  Railtel Corporation of India Ltd Surges 2.56%
 ( Hot Pursuit - 13-Oct-23   09:30 )
  RailTel wins order of Rs 18 cr from Ministry of Defence
 ( Corporate News - 10-Feb-24   10:37 )
  Railtel Corporation of India consolidated net profit rises 22.34% in the June 2022 quarter
 ( Results - Announcements 11-Aug-22   08:39 )
  RailTel bags Rs 27.91 cr order for Kerala Fibre Optic Network
 ( Corporate News - 24-Aug-23   13:59 )
  Railtel fixes record date for interim dividend
 ( Market Beat - Reports 03-Jan-22   18:56 )
  RailTel Corp bags Rs 122-cr contract from Odisha Government
 ( Hot Pursuit - 23-Apr-22   09:14 )
  RailTel Corporation bags work contract from Kerala State Information Technology Infrastructure
 ( Hot Pursuit - 24-Aug-23   13:11 )
  Railtel Corporation of India consolidated net profit rises 48.51% in the June 2023 quarter
 ( Results - Announcements 28-Jul-23   07:34 )
  Railtel Corporation of India Ltd leads gainers in 'A' group
 ( Hot Pursuit - 20-Jan-24   12:00 )
  Railtel bags order worth Rs 25.46 cr from BSNL
 ( Corporate News - 04-Mar-21   10:56 )
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