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RailTel Wins ₹216.81 Crore Safe City Project from Bihar State Electronics Development Corp; Share Price Surges

Written by: Team Angel OneUpdated on: 5 Aug 2025, 4:28 pm IST
RailTel share price surges as it wins a ₹216.81 crore project from Bihar State Electronics Development Corp under the Mukhyamantree Surakshit Sushaasit Shahar
RailTel Wins ₹216.81 Crore Safe City Project from Bihar State Electronics Development Corp; Share Price Surges
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RailTel Corporation of India has landed a significant domestic project worth ₹216.81 crore, awarded by Bihar State Electronics Development Corporation Ltd. The initiative falls under the Mukhyamantree Surakshit Sushaasit Shahar (Safe City) scheme, which aims to bolster urban security infrastructure across Bihar. 

The official work order was received on 4 August 2025 and is scheduled to be executed over a 5-year period, concluding by 4 August 2030.

Project to Enhance Bihar’s Urban Safety Infrastructure

The ₹216.81 crore order involves end-to-end implementation of public safety technologies under the Safe City initiative. This move underscores RailTel’s growing expertise in ICT solutions and system integration, particularly in projects with social impact. 

The contract, which is purely domestic, is not associated with any promoter group interests or related-party transactions. It further cements RailTel’s position as a trusted partner for state-led smart governance projects.

RailTel Q1 FY26 Earnings Results 

RailTel’s project win arrives on the back of a robust Q1 FY26 earnings report. For the quarter ending June 2025, the company reported a 36% year-on-year jump in net profit, rising to ₹66 crore from ₹49 crore in the same period last year. Revenue from operations also surged by 33.2%, touching ₹744 crore compared to ₹558 crore a year ago. This performance reflects both operational efficiency and the company’s ability to secure high-value contracts across sectors.

About RailTel Corporation of India

RailTel Corporation of India Ltd, a Mini Ratna (Category-I) PSU under the Ministry of Railways, is one of the largest neutral telecom infrastructure providers in the country. It owns a pan-India optic fibre network on exclusive Right of Way (ROW) along the railway track, offering broadband and VPN services. Known for driving digital transformation in the government and enterprise space, RailTel is actively involved in smart city projects, hospital connectivity, and railway station Wi-Fi networks.

Also Read: RailTel Bags ₹166.38 Crore Order from BSNL!

RailTel Share Price Performance 

As of August 5, 2025, at 10:22 AM, RailTel Corporation of India share price is trading at ₹370.35 per share, reflecting a gain of 0.52%. Over the past month, the stock has declined by 10.33%.

Conclusion

With this latest contract under Bihar’s Safe City initiative and a strong quarterly performance, RailTel continues to reinforce its leadership in public sector digital infrastructure. The company’s strategic focus on security, connectivity, and innovation is clearly translating into impactful outcomes on the ground.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 5, 2025, 10:58 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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