Telecom infrastructure supplier RailTel Company of India Ltd, together with its consortium, introduced on Tuesday, 25 February, that it has obtained a Rs 111.43 crore (inclusive of taxes) work order from South Central Railway for complete signalling and telecommunication upgrades.
In its regulatory submitting, the corporate mentioned, “that is to tell that RailTel Company of India Ltd together with its consortium has obtained the work order from South Central Railway for an Order amounting to Rs 1,11,42,51,936 (Together with Tax).”
The contract entails implementing an automated block signalling system within the Nandalur-Renigunta Junction part of the Guntakal division, with mission completion focused for 16 August 2026.
RailTel reported a 4.7% year-on-year (YoY) improve in web revenue, reaching Rs 65 crore in comparison with Rs 62.1 crore within the corresponding interval final yr. Income from operations noticed a 14.8% YoY rise, climbing to Rs 767.6 crore from Rs 668.4 crore in Q3 FY24.
Nonetheless, the corporate’s EBITDA declined by 6.6% YoY to Rs 121 crore, down from Rs 129.7 crore in the identical quarter final yr. Because of this, the EBITDA margin narrowed to fifteen.8% from 19.4% in Q3 FY24.
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