The company has received an order worth Rs 29.75 crore from National Informatics Centre Services Inc. (NICSI) for immigration visa and foreigner registration & tracking.
RailTel Corporation of India has received work order from NICSI in relation to assignment of work of immigration visa and foreigner registration & tracking at a total cost of Rs 29.75 crore.RailTel, a "Mini Ratna (Category-I)" Central Public Sector Enterprise is an information and communications technology (ICT) provider and one of the largest neutral telecom infrastructure providers in the country owning a pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The Government of India holds 72.84% stake in the company.
The PSU company's consolidated net profit declined 5.24% to Rs 66.01 crore on 1.73% rise in sales to Rs 417.69 crore in Q3 FY22 over Q3 FY21.
Shares of RailTel Corporation of India jumped 5.74% to Rs 117.05 on Thursday.
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