Hot Pursuit     27-Dec-23
RailTel Corp bags order worth Rs 76 cr
The public sector enterprise announced that it has received a work order from Bihar Education Project Council, aggregating to Rs 76.19 crore.

The order involves supply of teaching learning material for class I to III under rate contract and it is to be executed in a period of 3 months from the issuance of letter of intent.

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 23% rise in net profit to Rs 68.15 crore on a 40% increase in revenue from operations to Rs 599.15 crore in Q2 FY24 as compared with Q2 FY23.

The scrip shed 0.45% to Rs 296.75 on the BSE.

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