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 Corp bags order worth Rs 24 cr
 ( Hot Pursuit - 14-Jun-24   14:37 )
  Railtel wins work order of Rs 87.85 cr
 ( Corporate News - 04-Mar-24   09:27 )
  Railtel gains on Rs 120-cr order win
 ( Hot Pursuit - 29-Dec-23   10:13 )
  Railtel Corporation of India consolidated net profit rises 40.01% in the March 2023 quarter
 ( Results - Announcements 18-May-23   07:36 )
  Railtel Corporation of India Ltd leads losers in 'A' group
 ( Hot Pursuit - 13-Mar-24   15:00 )
  Railtel Corporation of India consolidated net profit rises 48.51% in the June 2023 quarter
 ( Results - Announcements 28-Jul-23   07:34 )
  RailTel Corp edges higher after bagging contract from Jammu Smart City
 ( Hot Pursuit - 06-Oct-23   11:56 )
  RailTel wins order worth Rs 120.45 cr
 ( Corporate News - 29-Dec-23   09:45 )
  Railtel Corporation of India fixes record date for interim dividend
 ( Market Beat - Reports 10-Jan-22   12:26 )
  RailTel Corp rises after bagging 10-year contract from Pimpri Chindlwad Smart City
 ( Hot Pursuit - 08-Aug-23   12:16 )
  RailTel bags work order worth Rs 253.35 cr
 ( Corporate News - 02-Feb-23   09:40 )
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