Hot Pursuit     02-Feb-23
Railtel Corp gains on bagging order worth Rs 253 cr
RailTel Corporation of India rose 1.22% to Rs 116.50 after the company received an order worth Rs 253.35 crore from State Bank of India for provisioning of 4G LTE for 15,000 ATMs across India with maintenance work for 5 years.

RailTel, a "Mini Ratna (Category-I)" Central Public Sector Enterprise is an information and communications technology (ICT) provider and one of the largest neutral telecom infrastructure providers in the country owning a pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. As on 31 Dec 2022, the Government of India holds 72.84% stake in the company.

The company's consolidated net profit declined 51.6% to Rs 31.95 crore despite of 8.8% rise in net sales to Rs 454.32 crore in Q3 FY23 over Q3 FY22.

Previous News
  Railtel Corp bags order worth Rs 24 cr
 ( Hot Pursuit - 14-Jun-24   14:37 )
  Railtel Corp rises on Rs 352-cr order win
 ( Hot Pursuit - 18-Mar-24   10:55 )
  Board of Railtel approves scheme of amalgamation
 ( Corporate News - 29-Sep-22   18:36 )
  Railtel director resigns
 ( Corporate News - 08-Mar-22   19:05 )
  RailTel Corp bags work order from Madhya Pradesh Govt for implementing enforcement system
 ( Hot Pursuit - 15-Dec-23   11:10 )
  Railtel Corporation of India consolidated net profit rises 29.16% in the June 2021 quarter
 ( Results - Announcements 13-Aug-21   08:20 )
  RailTel receives work order worth Rs 122.08 cr from Govt. of Odisha
 ( Corporate News - 23-Apr-22   13:28 )
  RailTel wins work order of Rs 24 cr from Tamil Nadu Fibrenet Corporation
 ( Corporate News - 14-Jun-24   14:10 )
  Railtel bags work order from EPFO
 ( Corporate News - 27-Jan-22   13:13 )
  RailTel wins order of Rs 18 cr from Ministry of Defence
 ( Corporate News - 10-Feb-24   10:37 )
  Railtel Corporation of India standalone net profit rises 29.12% in the June 2021 quarter
 ( Results - Announcements 13-Aug-21   08:13 )
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