The scope of work includes supply, transportation, trenching, laying, backfilling, horizontal directional drilling, HDPE pipe insertion, blowing, jointing, and termination of optical fiber cable (OFC). The project is scheduled to be completed by 5 March 2027.
The order is purely domestic in nature and does not involve any promoter, promoter group, or related party. The company stated that the contract will be executed as per standard procedures.
RailTel Corporation of India was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia networks to modernize the train control operation and safety system of Indian Railways.
The company’s standalone net profit declined 4.07% to Rs 62.40 crore in Q3 FY26, compared with Rs 65.05 crore in Q3 FY25. However, revenue from operations rose 18.99% YoY to Rs 913.45 crore in Q3 FY26.
Shares of RailTel Corporation of India rose 3.19% to close at Rs 291.10 on the BSE.