The contract involves the establishment and operationalization of Virtual Education (VE) infrastructure in government secondary and senior secondary schools under the Samagra Shiksha initiative. As per the terms of the LoA, the project must be completed by 31 December 2025.
In a regulatory filing, RailTel confirmed that the estimated order value is Rs 50,62,23,040. The company also clarified that its promoters, promoter group, and related entities have no financial or operational interest in the awarding authority. Furthermore, the transaction does not qualify as a related party transaction under the applicable regulatory guidelines.
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 slipped 1% to Rs 377.80 on the BSE.