Latest news with #RailTelCorporationofIndia
Business Standard
a day ago
- Business
- Business Standard
RailTel Corp Q1 PAT rises 36% YoY to Rs 66 crore
RailTel Corporation of India'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. Profit before tax (PBT) increased to Rs 89.31 crore, up 33.73%, compared with Rs 66.78 crore posted in same quarter last year. Total expenses jumped 36.29% to Rs 672.27 crore during the quarter, compared with Rs 493.26 crore in Q1 FY25. License fees to DoT (Department of telecommunication) stood at Rs 21.69 crore (up 2.21%), expenses on project was at Rs 387.45 crore (up 75.50% YoY), employee benefit expenses stood at Rs 56.51 crore (up 0.65% YoY) while, finance cost stood at Rs 0.58 crore (down 40.20% YoY) during the period under review.
Economic Times
a day ago
- Business
- Economic Times
RailTel shares in focus after Q1 profit jumps 36% YoY to Rs 66 crore
Shares of RailTel Corporation of India will be in focus on Tuesday after the state-run telecom and infrastructure services provider reported a 36% year-on-year (YoY) rise in its consolidated net profit to Rs 66 crore for the June quarter, up from Rs 49 crore in the same period last year. ADVERTISEMENT Revenue from operations grew 33% YoY to Rs 744 crore, compared to Rs 558 crore in Q1 FY25. The profit after tax (PAT) is attributable to the company's shareholders. However, on a sequential basis, RailTel's performance declined sharply. PAT fell 42% from Rs 113 crore in the March quarter (Q4 FY25), while revenue dropped 43% from Rs 1,308 crore. The earnings were released after market hours. In Monday's trade, RailTel shares closed 4.15% lower at Rs 378, down Rs company earned Rs 14 crore in other income compared to Rs 19 crore in the corresponding quarter of the last financial year and Rs 20 crore in Q4FY24. ADVERTISEMENT The telecom services revenue stood at Rs 335 crore in Q1 FY26, compared to Rs 328 crore in Q1 FY25 and Rs 359 crore in Q4 project work services revenue stood at Rs 409 crore in Q1FY26 versus Rs 230 crore in Q1FY25 and Rs 950 crore in Q4FY25. ADVERTISEMENT The total expenses for RailTel stood at Rs 672 crore in Q1FY26 versus Rs 493 crore in the year-ago period. In the previous quarter, the state-run company reported expenses of Rs 1,189 crore. Among the major heads were 'Access and other charges', license fee to DoT, project expenses, finance cost and expenses made on employee benefits. Also Read: Street Favourite! 10 Nifty micro-cap stocks analysts expect to surge up to 55% ADVERTISEMENT According to Trendlyne, the average target price for RailTel is Rs 270, indicating a potential downside of around 29% from current levels. Among the analysts tracking the stock, the consensus rating is 'Strong Sell'.Despite the recent correction, RailTel shares have gained over 23% in the last three months and delivered an impressive 140% return over the past two years. The company currently has a market capitalisation of around Rs 12,168 crore. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
2 days ago
- Business
- Time of India
RailTel Q1 Results: PAT jumps 36% YoY to Rs 66 crore, revenue surges 33%
RailTel Corporation of India on Monday reported a 36% growth in its Q1 net profit to Rs 66 crore versus Rs 49 crore in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the company. The company's revenue from operation stood at Rs 744 crore which was up 33% from Rs 558 crore reported in the corresponding quarter of the last financial year. The PSU railway company's profit after tax (PAT) fell 42% on a quarter-on-quarter basis versus Rs 113 crore reported in Q4FY25. The topline plunged 43% in the quarter under review compared to Rs 1,308 crore in the January-March quarter of FY25. Explore courses from Top Institutes in Please select course: Select a Course Category Leadership Operations Management Public Policy CXO Data Science Artificial Intelligence PGDM Others Technology Data Analytics Degree MBA healthcare Design Thinking Finance MCA Healthcare others Product Management Digital Marketing Cybersecurity Management Project Management Data Science Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Relive the Bollywood 2025 moments that went viral Learn More Undo The earnings were announced after market hours and RailTel Shares today ended with sharp decline, falling by Rs 16.35 or 4.15% to Rs 378. The company earned Rs 14 crore in other income compared to Rs 19 crore in the corresponding quarter of the last financial year and Rs 20 crore in Q4FY24. Segment revenue Live Events The telecom services revenue stood at Rs 335 crore in Q1FY26 versus Rs 328 crore in Q1FY25 and Rs 359 crore in Q4FY25. The project work services revenue stood at Rs 409 crore in Q1FY26 versus Rs 230 crore in Q1FY25 and Rs 950 crore in Q4FY25. The total expenses for RailTel stood at Rs 672 crore in Q1FY26 versus Rs 493 crore in the year ago period. In the previous quarter, the state-run company reported expenses of Rs 1,189 crore. Among the major heads were 'Access and other charges', license fee to DoT, project expenses, finance cost and expenses made on employee benefits. Also Read: Adani Green Q1 Results: Cons PAT soars 60% YoY to Rs 713 crore, revenue jumps 31%
Business Standard
5 days ago
- Business
- Business Standard
RailTel bags two work orders worth Rs 50 crore
RailTel Corporation of India has announced that it has received two work orders totaling Rs 50.25 crore. The first order, valued at Rs 10.05 crore, involves the implementation of comprehensive IT solutions for the Department of Social Security and Empowerment of Persons with Disabilities (SSEPD), Government of Odisha. The contract is scheduled to be executed by 20th January 2026. The second order, valued at Rs 40.19 crore, pertains to the provision of 8.4 Gbps high-speed internet connectivity at Central Coalfields Limited (CCL). The contract is scheduled to be executed by 20th January 2026. The promoter, promoter group, or group companies have no interest in the entity that awarded the order or contract. Accordingly, there is no related party transaction involved. The contract has not been entered into with any related party, and the question of whether it was conducted at arm's length does not arise. RailTel Corporation of India, a 'Navratna' 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's standalone net profit jumped 46.33% to Rs 113.45 crore on a 57.11% rise in net sales to Rs 1,308.28 crore in Q4 FY25 over Q4 FY24.
Business Standard
5 days ago
- Business
- Business Standard
RailTel Corp bags Rs 40-cr order from Central Coalfields
RailTel Corporation of India has announced that it has received a work order from Central Coalfields, valued at Rs 40.20 crore. A work order has been awarded for the provision of 8.4 Gbps internet connectivity at CCL. The contract has been issued by a domestic entity and is classified as a domestic order. The nature of the contract is a work order, and it is scheduled to be fully executed by 23rd November 2025. The promoter, promoter group, or group companies have no interest in the entity that awarded the order or contract. Accordingly, there is no related party transaction involved. The contract has not been entered into with any related party, and the question of whether it was conducted at arm's length does not arise. RailTel Corporation of India, a 'Navratna' 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's standalone net profit jumped 46.33% to Rs 113.45 crore on a 57.11% rise in net sales to Rs 1,308.28 crore in Q4 FY25 over Q4 FY24. Shares of RailTel Corporation fell 1.08% to currently trade at Rs 398 on the BSE.
