State-owned entity RailTel Corporation of India Limited reported a strong financial performance for the second quarter of FY’25 during its 149th board meeting on October 28. The company achieved an operating income of Rs. 844 crores, marking a remarkable 51% increase quarter-on-quarter (QoQ). Additionally, the Board approved an interim dividend of Rs. 1 per share.
Railtel is a leading telecom infrastructure provider in India, specializing in offering broadband and telecom services across the country’s vast railway network. It plays a crucial role in enhancing digital connectivity and enabling smart solutions for both urban and rural areas.
For Q2 FY25, RailTel’s Profit Before Tax (PBT) reached Rs 94 crore, up from Rs 67 crore in Q1 FY’25, reflecting a 41% QoQ growth. Profit After Tax (PAT) also increased to Rs 73 crore in Q2, compared to Rs. 49 crores in the previous quarter. For the half-year ending September 30th, RailTel reported a total income of Rs. 1,440 crores, with a cumulative PAT of Rs. 121 crores, achieving year-on-year (YoY) growth rates of 31% and 14%, respectively.
Commenting on the company’s achievements, RailTel’s Chairman and Managing Director (CMD), Mr. Sanjai Kumar stated, “This year is a significant milestone for us. As we celebrate 25 years of RailTel’s journey, we are proud to have attained the prestigious Navratna status, joining a select group of PSUs. Our growth has been consistent, highlighted by increasing operational revenue and profitability. With a strong order book of Rs 5,254 crore, we are well-positioned to further advance and contribute to the nation’s expanding digital infrastructure.”