The order includes advanced smart metering infrastructure project. The order is worth Rs 134.46 crore and the said contract is expected to be executed by 26 September 2034.
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 23.4% rise in consolidated net profit to Rs 68.15 crore in Q1 FY25 as compared to Rs 55.24 crore posted in Q1 FY25. Revenue from operations jumped 39.8% YoY to Rs 599.15 crore in Q1 FY25.
Shares of RailTel Corporation advanced 1.40% to settle at Rs 467.75 on Friday, 27 September 2024.