RailTel Corp gains after bagging two orders worth Rs 159 cr

The first order, worth Rs 131.88 crore, involves providing system integration services for IMS for five years, with execution scheduled by 1 November 2031.

The second order, worth Rs 27.38 crore, involves establishing a dedicated cloud-based disaster recovery system for Oracle EBS, e-Office, BITS, Cotbiz and Kapas Kisan applications for the Cotton Corporation of India. The order is scheduled to be executed by 30 November 2031.

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.

The company?s standalone net profit declined 9.87% year-on-year to Rs 68.56 crore in Q2 FY27, compared with Rs 76.07 crore in Q2 FY26. 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.

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