+
RailTel Wins Rs 502 Million IT and Internet Orders
ECONOMY & POLICY

RailTel Wins Rs 502 Million IT and Internet Orders

RailTel Corporation of India has secured two significant work orders worth a combined Rs 502 million. The first, valued at Rs 100.5 million, involves implementing comprehensive IT solutions for the Department of Social Security and Empowerment of Persons with Disabilities (SSEPD), Government of Odisha. This project is scheduled for completion by 20 January 2026.

The second contract, worth Rs 401.9 million, entails providing 8.4 Gbps high-speed internet connectivity to Central Coalfields Limited (CCL), also set for execution by the same deadline.

The company clarified that there is no related party involvement in either contract, ensuring both deals were concluded independently and at arm's length.

RailTel, a 'Navratna' central public sector enterprise, is one of India’s largest neutral telecom infrastructure providers, with a pan-India optical fibre network spanning urban and rural regions.

For Q4 FY25, RailTel reported a 46.33 per cent year-on-year rise in standalone net profit to Rs 1.13 billion, while net sales rose 57.11 per cent to Rs 13.08 billion. Despite the positive results, RailTel shares declined by 1.73 per cent to Rs 395.40 on the BSE. 

RailTel Corporation of India has secured two significant work orders worth a combined Rs 502 million. The first, valued at Rs 100.5 million, involves implementing comprehensive IT solutions for the Department of Social Security and Empowerment of Persons with Disabilities (SSEPD), Government of Odisha. This project is scheduled for completion by 20 January 2026.The second contract, worth Rs 401.9 million, entails providing 8.4 Gbps high-speed internet connectivity to Central Coalfields Limited (CCL), also set for execution by the same deadline.The company clarified that there is no related party involvement in either contract, ensuring both deals were concluded independently and at arm's length.RailTel, a 'Navratna' central public sector enterprise, is one of India’s largest neutral telecom infrastructure providers, with a pan-India optical fibre network spanning urban and rural regions.For Q4 FY25, RailTel reported a 46.33 per cent year-on-year rise in standalone net profit to Rs 1.13 billion, while net sales rose 57.11 per cent to Rs 13.08 billion. Despite the positive results, RailTel shares declined by 1.73 per cent to Rs 395.40 on the BSE. 

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code