The contract is scheduled to be executed by 22 August 2027.
The contract has been awarded by a domestic entity, and there is no involvement or interest from the promoter, promoter group, or group companies in the awarding entity. Additionally, this contract does not fall under related party transactions and has been confirmed to be conducted on an arm’s length basis.
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.
Shares of RailTel Corporation of India shed 0.65% to Rs 352.20 on the BSE.