RailTel Corp slips after Q2 PAT slides 10% YoY to Rs 69 cr
Revenue from operations rose 20.47% YoY to Rs 1,146.14 crore in Q2 FY27 from Rs 951.36 crore in the corresponding quarter last year.
Profit before tax (PBT) stood at Rs 92.30 crore in Q2 FY27, down 12.35% from Rs 105.30 crore posted in the same quarter last year. The company reported exceptional items of Rs 32.17 crore during the quarter.
Total expenses jumped 21.35% YoY to Rs 1,024.59 crore during the quarter from Rs 844.31 crore in Q2 FY26. Licence fees paid to the Department of Telecommunications (DoT) stood at Rs 23.91 crore, up 8.04%. Expenses on project work rose 28.74% YoY to Rs 722.12 crore, while employee benefit expenses increased 9.52% to Rs 60.05 crore during the period under review.
Revenue from telecom services increased 8% to Rs 396.94 crore in Q2 FY27 from Rs 367.53 crore in Q2 FY26. Revenue from project work services rose 28.33% YoY to Rs 749.20 crore.
The board declared an interim dividend of Rs 1 per equity share (10%) of face value Rs 10 each for FY27, with 30 October 2026 fixed as the record date. The dividend will be paid on 20 November 2026.
RailTel was incorporated in 2000 to create a nationwide broadband, VPN, telecom and multimedia network, modernising the train control operations and safety systems of Indian Railways. It is a Navratna public sector undertaking (PSU) under the Government of India. RailTel's network currently passes through around 6,000 railway stations across the country, covering all major commercial centres.
Powered by Capital Market - Live News