RailTel bags ₹111.43 crore signalling and telecom contract from South Central Railway

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Telecom infrastructure provider RailTel Corporation of India Ltd on Tuesday (February 25) said along with its consortium, it has received a ₹111.43 crore (including tax) work order from South Central Railway for comprehensive signalling and telecommunication works.

“…this is to inform that RailTel Corporation of India Ltd along with its consortium has received the work order from South Central Railway for an Order amounting to 1,11,42,51,936 (Including Tax),” RailTel Corporation of India said in a regulatory filing.

The contract involves the provision of an automatic block signalling system in the Nandalur-Renigunta Junction section of the Guntakal division. The project is scheduled for completion by August 16, 2026.

Also Read: RailTel Corporation bags ₹78.4-crore order from Bharat Coking Coal

Railtel Corporation of India’s net profit increased by 4.7% year-on-year (YoY) to ₹65 crore compared to ₹62.1 crore in the same period last year. Revenue from operations surged 14.8% YoY to ₹767.6 crore, up from ₹668.4 crore in Q3 FY24.

However, the company’s EBITDA saw a 6.6% YoY decline, coming in at ₹121 crore as against ₹129.7 crore in the year-ago quarter. Consequently, the EBITDA margin contracted to 15.8%, down from 19.4% in Q3 FY24.

Shares of Railtel Corporation of India Ltd ended at ₹307.55, down by ₹0.90, or 0.29% on the BSE.

Also Read: RailTel Corp secures ₹22.4 crore order from J&K and Ladakh High Court

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