RailTel has released its financial results for quarter ended September 30, 2024 in its 149th board meeting held on October 28, 2024.
According to the company, its operating income stood at Rs 8.44 billion in second quarter (Q2) of financial year 2024-2025 (FY25) with quarter-on-quarter (QoQ) growth of 51 per cent. The company also declared an interim dividend of Rs 1 per share.
Meanwhile, the company’s profit before tax (PBT) stood at Rs 0.94 billion as against Rs 0.67 billion in Q1 of FY25, registering a QoQ growth of 41 per cent. Total profit after tax (PAT) stood at Rs 0.73 billion as against Rs 0.49 billion for the reported period. Further, for the first half (H1) of FY25 ended on September 30, 2024, the company achieved a total Income of Rs 14.4 billion and a total PAT of Rs 1.21 billion registering a 31 per cent and 14 per cent year-on-year (YoY) growth respectively.
Commenting on the results, Sanjai Kumar, chairman and managing director, RailTel, said, “This year marks an important milestone for us. While we are celebrating 25 years of our journey, we have proudly achieved the prestigious Navratna status, joining the elite group of public sector undertakings (PSUs). Our progress has been steady and impressive, with consistent growth in operational revenue and solid profits. With a robust order book of Rs 52.54 billion, we are well-positioned for further growth, ready to make significant contributions to the nation’s expanding digital landscape.”
