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(01 Feb 2025, 10:14)

RailTel Corp gains after bagging order worth Rs 16-crore

RailTel Corporation of India rallied 2.53% to Rs 416.90 after the firm said that it has received the work order from Department Of Education Samagra Shiksha for supply and service amounting to Rs 15.98 crore.


The contract involves the supply and service for establishing robotics, drones, and Atal Tinkering Labs in 160 government schools across Himachal Pradesh under the STARS initiative.

The total value of the order is Rs 15.98 crore (Rs 15,98,40,000). The contract is set to be completed by 30 November 2025.

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.

RailTel Corporation of India reported a 4.68% rise in standalone net profit to Rs 65.05 crore on 14.85% jump in revenue from operations to Rs 767.62 crore in Q3 FY25 over Q3 FY24.

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