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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

KPIL announces new business wins worth Rs 22.25 bn

Kalpataru Projects International (KPIL) has secured new orders and a letter of comfort worth approximately Rs 20.31 billion in its power transmission and distribution (T&D) business across India and international markets. Additionally, its Swedish subsidiary, Linjemontage i Grästorp AB, has received an order worth approximately Rs 1.94 billion (SEK 200 million), taking the combined order value to Rs 22.25 billion.Commenting on the order wins, Manish Mohnot, Managing Director and CEO, KPIL, said the new orders reflect customer confidence in the company's execution capabilities and technical ex..

Next Story
Infrastructure Transport

Tiruchi Airport Handles over 20 t of Domestic Cargo in a Month

Tiruchi International Airport has handled more than 20 t of inbound and outbound domestic cargo since the facility was launched in late August. Outbound shipments have exceeded inbound volumes, with private carriers transporting goods to Chennai, Delhi, Bengaluru and Mumbai. The domestic cargo service began after the Bureau of Civil Aviation Security (BCAS), an independent department under the Ministry of Civil Aviation, granted clearance. The facility was introduced to give local businesses a faster route for sending goods to major domestic hubs, reducing their reliance on cargo routed throug..

Next Story
Infrastructure Urban

Gabriel India Forms Joint Venture with Forvia for Advanced Seating

Gabriel India, part of the US$2.6 bn Anand Group, has formed a joint venture with France-based Forvia to bring advanced seating systems and technologies to the Indian automotive market. The partnership expands Gabriel India’s participation in vehicle systems as automotive architectures become more sophisticated and customer requirements evolve. The joint venture, named Faurecia Anand Seating India, combines Forvia’s global seating technology expertise with Gabriel India’s manufacturing capabilities, customer relationships and understanding of the Indian automotive market. Forvia will hol..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code