The company also clarified that neither its promoters nor promoter group entities have any interest in the awarding authority and the transaction does not qualify as a related party transaction under applicable regulations.
RailTel Corporation, a Navratna PSU, is one of the largest neutral telecom infrastructure providers in the country, owning a Pan-India optical fiber network.
The company?s standalone net profit jumped 35.81% to Rs 66.10 crore in Q1 FY26, compared with Rs 48.67 crore in Q1 FY25. Revenue from operations rose 33.27% YoY to Rs 743.81 crore in Q1 FY26.
The counter rose 0.06% to Rs 400.90 on the BSE.
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