RailTel Wins Rs 1.02bn PFMS IT Infrastructure Contract
RAILWAYS & METRO RAIL

RailTel Wins Rs 1.02bn PFMS IT Infrastructure Contract

RailTel Corporation of India on Thursday, January 8, said it has secured a Rs 1.02 billion contract from the Public Financial Management System for the creation and management of critical IT infrastructure.

In a regulatory filing, RailTel said the mandate covers the setting up and managed operations of IT systems, including data centre and disaster recovery facilities. The scope of work also includes security operations centre services and data centre colocation. The contract, awarded by a domestic entity, will remain valid until January 7, 2031.

The company clarified that neither its promoters nor promoter group entities have any interest in the awarding authority, and that the order does not constitute a related-party transaction.

The latest win adds to RailTel’s growing order book of large government-led IT and digital infrastructure projects, strengthening its presence across data centres, cloud services, cyber security and managed services for public sector clients.

Last week, the company had secured a significantly larger Rs 5.67 billion order from the Assam Health Infrastructure Development and Management Society for a project scheduled for completion by January 31, 2032.

On the financial front, RailTel reported a 4.7 per cent year-on-year rise in net profit to Rs 0.76 billion for Q2 FY26, compared with Rs 0.73 billion in the same quarter last year. Revenue increased 12.8 per cent to Rs 9.51 billion from Rs 8.44 billion in Q2 FY25. Ebitda rose 19.4 per cent to Rs 1.54 billion from Rs 1.29 billion a year earlier, while the Ebitda margin improved to 16.2 per cent from 15.3 per cent.

Shares of RailTel Corporation of India were trading 3.34 per cent lower at Rs 356.40 as of 1.29 am. The stock has gained 14.92 per cent over the past month.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

RailTel Corporation of India on Thursday, January 8, said it has secured a Rs 1.02 billion contract from the Public Financial Management System for the creation and management of critical IT infrastructure. In a regulatory filing, RailTel said the mandate covers the setting up and managed operations of IT systems, including data centre and disaster recovery facilities. The scope of work also includes security operations centre services and data centre colocation. The contract, awarded by a domestic entity, will remain valid until January 7, 2031. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding authority, and that the order does not constitute a related-party transaction. The latest win adds to RailTel’s growing order book of large government-led IT and digital infrastructure projects, strengthening its presence across data centres, cloud services, cyber security and managed services for public sector clients. Last week, the company had secured a significantly larger Rs 5.67 billion order from the Assam Health Infrastructure Development and Management Society for a project scheduled for completion by January 31, 2032. On the financial front, RailTel reported a 4.7 per cent year-on-year rise in net profit to Rs 0.76 billion for Q2 FY26, compared with Rs 0.73 billion in the same quarter last year. Revenue increased 12.8 per cent to Rs 9.51 billion from Rs 8.44 billion in Q2 FY25. Ebitda rose 19.4 per cent to Rs 1.54 billion from Rs 1.29 billion a year earlier, while the Ebitda margin improved to 16.2 per cent from 15.3 per cent. Shares of RailTel Corporation of India were trading 3.34 per cent lower at Rs 356.40 as of 1.29 am. The stock has gained 14.92 per cent over the past month.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement