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RailTel bags order from EPFO worth Rs 170 crore

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Last Updated : Nov 08 2024 | 2:50 PM IST

RailTel Corporation of India informed that it has received a work order from the Employees Provident Fund Organisation (EPFO) for supply & services amounting to Rs 170.25 crore.

The order includes both supply and services for infrastructure development and is to be executed by 6 November 2025.

RailTel a "Mini Ratna (Category-I)" central public sector enterprise, is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fiber network covering several towns & cities and rural areas of the country.

RailTel Corporation of India reported 6.58% rise in standalone net profit to Rs 72.64 crore on 40.78% jump in revenue from operations to Rs 843.49 crore in Q2 FY25 over Q2 FY24.

Shares of RailTel slipped 2.27% to currently trade at Rs 402.50 on the BSE.

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First Published: Nov 08 2024 | 2:35 PM IST

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