Hot Pursuit     14-Feb-24
RailTel Corp edges higher after bagging contract worth Rs 140 crore from Prasar Bharati
RailTel Corporation of India added 2.54% to Rs 375.95 after the company announced that it has has received the work order from Prasar Bharati Broadcasting Corporation of India (Prasar Bharati) worth Rs 139.73 crore.

The contract involves selection of master system integrator for design, development, implementation, operations and maintenance of OTT platform.

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.

Previous News
  RailTel Corp bags order worth Rs 76 cr
 ( Hot Pursuit - 27-Dec-23   14:25 )
  RailTel wins work order from South Central Railway
 ( Corporate News - 20-Jun-24   17:44 )
  Railtel Corporation of India wins work order of Rs 130 cr
 ( Corporate News - 16-Mar-24   12:37 )
  Railtel Corporation of India Ltd Slides 3.98%
 ( Hot Pursuit - 04-Jun-24   09:30 )
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 ( Hot Pursuit - 16-Mar-24   13:49 )
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 ( Corporate News - 02-Feb-23   09:40 )
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 ( Hot Pursuit - 06-Oct-23   11:56 )
  Railtel Corporation of India to declare Quarterly Result
 ( Corporate News - 21-Jul-23   11:01 )
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