RailTel Shares Rise 2%; Secures Orders Worth Over ₹50 Crore from Kerala and Odisha Govt Agencies

RailTel Corporation of India Limited (NSE: RAILTEL) announced that it has received two significant work orders from state government agencies, reinforcing its role in IT and digital infrastructure projects.

RailTel’s New Order Details

• Kerala State IT Mission: RailTel received a work order for Projects O&M of SDC valued at ₹34.99 crore (excluding tax).
• Odisha Higher Education Department: A separate work order worth ₹15.42 crore (including tax) was awarded to the company.

The combined value of these contracts exceeds ₹50 crore, highlighting RailTel’s growing presence in state-led digital initiatives.

The disclosures were made under Regulation 30 of SEBI (LODR) Regulations, 2015, with detailed information provided as per SEBI Circular dated July 13, 2023.

RailTel Q1 FY26 Results

The state-run telecom and infrastructure services provider posted a 36% year-on-year (YoY) growth in consolidated net profit, reaching ₹66 crore for the June quarter, compared to ₹49 crore in the same period last year. Revenue from operations also registered strong growth, climbing 33% YoY to ₹744 crore, up from ₹558 crore in Q1 FY25.

However, on a sequential basis, RailTel’s performance weakened significantly. Net profit declined 42% from ₹113 crore in Q4 FY25, while revenue fell 43% from ₹1,308 crore.

RailTel’s Share Price Performance

RailTel shares traded at ₹365.50, up ₹6.10 or 1.70% higher at 10:05 AM on the NSE from the previous close of ₹359.40. The stock opened at ₹365.00, touched a high of ₹374.05 and a low of ₹364.75, with a VWAP of ₹368.70.

Read More: RVNL Share Price in Focus; Secures Southern Railway Contract for Video Surveillance System Upgrade.

Conclusion

The new orders from Kerala and Odisha add to RailTel’s order book and reflect increasing demand for its digital and IT infrastructure services. Investors will monitor execution and future opportunities in government-backed technology projects.

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