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RailTel Corporation Share Price in Focus; Secures ₹16.99 Crore PMC Order from Lucknow Municipal Corporation

Written by: Team Angel OneUpdated on: 12 Feb 2026, 4:59 pm IST
RailTel secures a ₹16.99 crore project management consultancy order from Lucknow Municipal Corporation, with execution by 2031.
RailTel Corporation Share Price in Focus; Secures ₹16.99 Crore PMC Order from Lucknow Municipal Corporation
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

RailTel Corporation of India has secured a project management consultancy (PMC) contract worth ₹16.99 crore (₹16,99,20,000) from the Lucknow Municipal Corporation. The filing suggests that the assignment will run for 5 years, with execution scheduled until February 15, 2031.  

The company announced that it received the work order on February 10, 2026 through a domestic tender process.  

Nature of the Contract 

The order involves providing project management consultancy services for civic projects under the Lucknow Municipal Corporation. The estimated size of the contract, based on the Letter of Intent, is ₹16,99,20,000.  

RailTel stated in its disclosure that the contract is not a related-party transaction and that the promoter group has no interest in the awarding entity.  

RailTel Q3FY26 Earnings Results 

In the third quarter of FY26, RailTel reported a standalone net profit of ₹62.40 crore, compared with ₹65.05 crore in the same period a year earlier, a decline of 4.07%.  

Revenue from operations rose 18.99% year-on-year to ₹913.45 crore during the quarter, indicating higher business activity. 

Company Profile 

RailTel was incorporated in 2000 to build a telecom and broadband network for Indian Railways. The company provides connectivity, VPN, and multimedia services across railway infrastructure. Its network supports communication systems used for train operations, control, and passenger services. 

Read MoreRailTel Corporation Share Price Gains Over 5% on Secuirng ₹454.94 Crore Order from West Central Railways! 

RailTel Corporation of India Share Price Performance  

As of February 12, 2026, 10:34 am, RailTel Corporation of India share price was trading at ₹334.95, a 1.31% decrease from the previous closing price. 

Conclusion 

The consultancy contract from the Lucknow civic body is scheduled to run for 5 years, with completion expected by February 2031, according to the company’s filing. 

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: Feb 12, 2026, 11:29 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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