Shares of RailTel Company of India Ltd skyrocketed on 24 March after receiving an order for Rs 25.15 crore from Hindustan Petroleum Company.
The settlement is valued at Rs 25.15 crore (with out tax) and covers the renewal of current MPLS and ILL hyperlinks for 5 years. It additionally consists of the potential for additional connections, contingent on practicality. Following 1 April 2025, the settlement is ready to run out on 31 March 2030.
This follows RailTel’s current disclosure that the Ministry of Defence had issued a piece order for OFC Laying Work, valued at Rs 16.89 crore (tax included).
The Board of Administrators of the corporate had authorised a second interim dividend of Rs 1 per share of the present fiscal 12 months and had set 2 April 2025 because the file date and 9 April 2025 because the dividend cost date.
In Q3FY25, RailTel’s web revenue elevated by 5% 12 months over 12 months to Rs 65 crore. Income elevated 15% 12 months over 12 months at Rs 768 crore. In distinction, EBITDA fell 6.6% YoY to Rs 121 crore from Rs 129.7 crore in the identical interval the earlier 12 months. Consequently, the EBITDA margin dropped to fifteen.8% from 19.4% in Q3FY24.
At 12:28 pm, the shares of RailTel Corp had been buying and selling 5.62% greater at Rs 527.15 on NSE.
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