The project involves providing MPLS-VPN services at various AAI airports and offices.
According to a stock exchange filing, the order is scheduled to be executed by 31 August 2030. The company also clarified that none of the promoters, promoter group, or group companies have any interest in this order. Additionally, the contract does not fall under the category of related party transactions.
RailTel Corporation a "Navratna" PSU is one of the largest neutral telecom infrastructure providers in the country, owning a Pan-India optical fiber network.
The company’s standalone net profit jumped 35.81% to Rs 66.10 crore in Q1 FY26, compared with Rs 48.67 crore in Q1 FY25. Revenue from operations rose 33.27% YoY to Rs 743.81 crore in Q1 FY26.
The scrip rose 0.23% to Rs 367.30 on the BSE.