RailTel Q4 profit rises 25% to ₹142 crore on 28% revenue growth; declares dividend

1 hour ago

HomeMarket NewsStocks NewsRailTel Q4 profit rises 25% to ₹142 crore on 28% revenue growth; declares dividend

Shares of Railtel Corporation of India Ltd ended at ₹323.70, down by ₹2.65, or 0.81%, on the BSE.

2 Min Read

Telecom infrastructure firm RailTel Corporation of India Ltd on Thursday (April 30) reported a 25% year-on-year rise in consolidated net profit for the fourth quarter at ₹142 crore, compared with ₹114 crore in the same period last year.

Revenue for the quarter increased 28% to ₹1,669 crore from ₹1,308 crore a year earlier. EBITDA rose 30% year-on-year to ₹233 crore from ₹180 crore. EBITDA margin remained flat at 14% compared with the corresponding quarter last year.

The company has recommended a final dividend at the rate of 12.5% of paid-up share capital, amounting to ₹1.25 per share, for the financial year 2025–26. This final dividend is in addition to the interim dividends of ₹2 per share already paid by the company during the same financial year.


Also Read: RailTel Corporation secures ₹43 crore work order from NICSI for NKN Core Link project

The final dividend will be subject to approval by shareholders at the ensuing Annual General Meeting (AGM). Once approved, the payout will be made within 30 days from the date of declaration at the AGM.

This week, RailTel Corporation of India said it has received a letter of acceptance from Eastern Coalfields Limited for an order valued at ₹145.47 crore, including tax.

The contract involves the provision of MPLS-VPN, internet leased line, video conferencing and managed bandwidth services for Eastern Coalfields Limited. The order is domestic in nature. As per the terms, the project is to be executed by May 2, 2031.

Also Read: RailTel Corporation secures ₹100 crore contract from Konkan division for IT solution project

The company stated that neither the promoter nor the promoter group nor group companies have any interest in the awarding entity, and the contract does not fall under related party transactions.

Shares of Railtel Corporation of India Ltd ended at ₹323.70, down by ₹2.65, or 0.81%, on the BSE.

(Edited by : Jomy Jos Pullokaran)

Read Full Article at Source