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Hot Pursuit

Scrips, which has significant changes during the market hours.

RailTel Corp bags Rs 31-cr IT infrastructure upgrade order from NSIL

23-May-26 13:42Hrs IST

The estimated order size is Rs 31.21 crore (excluding taxes), as per the letter of intent.

The project is to be executed by 31 January 2027. The order was received on 22 May 2026 at 18:32 hours.

The company clarified that the contract is awarded by a domestic entity and does not involve any promoter or related party interest.

RailTel Corporation of India was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia networks to modernize the train control operation and safety system of Indian Railways.

The company's standalone net profit jumped 35.7% to Rs 143.52 crore in Q4 FY26, compared with Rs 105.78 crore in Q4 FY25. Revenue from operations rose 27.6% YoY to Rs 1,668.86 crore in Q4 FY26.

The scrip fell 0.33% to end at Rs 319.80 on the BSE.

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