New Delhi: RailTel Corporation of India Limited has secured a major domestic railway project worth ₹454.95 crore from West Central Railway, significantly strengthening its order book and long-term revenue visibility. The company disclosed the development to stock exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015.
Letter of Acceptance Received from West Central Railway
RailTel said it has received a Letter of Acceptance (LoA) from the office of the Deputy Chief Signal & Telecommunication Engineer (Project), Jabalpur, West Central Railway, for the execution of a large-scale railway infrastructure project.
The LoA was received on February 9, 2026, at 10:30 AM, and the disclosure was made in accordance with the SEBI circular dated July 13, 2023, which mandates detailed reporting of material business developments.
Key Details of the Railway Project
- Awarding Authority: Dy. CSTE/Project, West Central Railway
- Nature of Work: Railway infrastructure project
- Contract Value: ₹4,54,94,74,871 (approximately ₹455 crore)
- Execution Period: 960 days
- Scheduled Completion: September 24, 2028
- Order Type: Domestic
- Related Party Transaction: No
- Promoter Interest: None
RailTel confirmed that neither its promoters nor promoter group entities have any interest in the awarding authority, and the order does not qualify as a related-party transaction.
Order Strengthens Long-Term Growth Visibility
The latest contract is expected to significantly enhance RailTel’s order book visibility and further consolidate its position as a key technology and infrastructure partner for Indian Railways. Market participants are likely to closely monitor the project’s execution timeline and its impact on margins over the coming quarters.
Financial Performance and Stock Market Reaction
For the third quarter of FY26, RailTel reported a 4.07 per cent decline in standalone net profit to ₹62.40 crore, compared with ₹65.05 crore in the corresponding quarter last year.
However, revenue from operations rose sharply by 18.99 per cent year-on-year to ₹913.45 crore, indicating strong operational momentum.
Following the announcement, RailTel shares rose 2.51 per cent to close at ₹332.30 on the BSE.
About RailTel Corporation of India
Incorporated in 2000, RailTel Corporation of India Limited, a public sector undertaking (PSU) under the Government of India, was established to build a nationwide broadband, VPN, telecom, and multimedia network to modernize the train control, communication, and safety systems of Indian Railways. The company has since evolved into a leading provider of ICT solutions and telecom infrastructure for railways and other government entities.
