RailTel shares jump 7% as PSU receives ₹78.43 crore order from Bharat Coking Coal; check details

The cost of the project is ₹78.43, including tax.

The work is regarding integrated IT-based security infrastructure and various services and the project is planned to be executed by August 25, 2025.

In November, telecom infrastructure firm RailTel's home internet service arm, RailWire, launched a new service plan bundled with OTT content platforms.

The Freedom Plan is an OTT-bundled home internet plan offering the subscriber access to quality entertainment as well, RailTel said in a statement.

The Freedom Plan comes with Prasar Bharati's very own OTT platform, WAVES, and nine more premium OTTs, 30 Mbps high-speed internet, along with 400-plus live TV channels and 200-plus games, the statement said.

RailTel is the first telco in association with PlayboxTV as an OTT aggregator to onboard Prasar Bharati's newly launched OTT WAVES to its platform, it said.

RailTel Corporation Q2 FY25 Results

The PSU reported a significant financial upturn for the second quarter of FY'25. The company achieved an operating income of ₹844 crore, registering a notable 51% quarter-on-quarter (QoQ) increase. In addition, RailTel’s Board approved an interim dividend of ₹1 per share.

Its profit after tax (PAT) rose to ₹73 crore in Q2, as opposed to ₹49 crore in the previous quarter. For the half-year period ending September 30, RailTel’s total income amounted to ₹1,440 crore, with a cumulative PAT of ₹121 crore, representing year-on-year (YoY) growth rates of 31% and 14%, respectively.

Commenting on the results, Sanjai Kumar, Chairman, and Managing Director of RailTel, said, “This year marks an important milestone for us. While we’re celebrating 25 years of our journey, we’ve proudly achieved the prestigious Navratna status, joining the elite group of PSUs. Our progress has been steady and impressive, with consistent growth in operational revenue and solid profits. With a robust order book of ₹5254 crore, we’re well-positioned for further growth, ready to make significant contributions to the nation’s expanding digital landscape.”

Shares of Railtel Corporation have risen 21% in the past year.