'Standalone net sales (including other operating income) of Railtel Corporation of India for the quarter ended Sep 2024 has increased 40.78% to Rs 843.49 crore. Operating profit margin has declined from 21.27% to 15.33%, leading to 1.49% rise in operating profit to Rs 129.32 crore. Lower OPM is largely due to increased contribution to revenue from low margin projects business. Employee cost decreased from 8.61% to 6.31%. Other expenses rose from 70.12% to 78.36%. Selling and administration expenses fell from 20.65% to 16.48%. Other direct service cost rose from 48.06% to 60.62%.
Other income up 39.14% to Rs 19.02 crore. PBIDT rose 5.14% to Rs 148.34 crore. Provision for interest fell 9.84% to Rs 0.55 crore. PBDT rose 5.20% to Rs 147.79 crore. Provision for depreciation rose 5.31% to Rs 39.88 crore. Profit before tax grew 5.17% to Rs 107.91 crore. Extra...
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