Railtel Corporation secures order worth ₹101 crore; shares close in deep red amid broader selloff

Shares of Railtel Corporation plunged 4% despite the company securing a major order from a government entity. The shares closed 4.14% lower at ₹353 apiece on the NSE. Shares have delivered -14% returns in the past 12 months.

Railtel Corporation of India has received the work order from Public Financial Management System (PFMS) for the establishment and management of operations of IT Infrastructure DC & DR, including SOC services and Data Centre Colocation. The size of the order is ₹101.82 crore and is to be executed by January 7, 2031.

Earlier in January, the company secured orders worth ₹56.71 crore from Assam Health Infrastructure Development & Management Society (Ahidms). The order is for the procurement, implementation and maintenance of the Hospital Management Information System (HMIS). The order is to be executed by January 31, 2032.

In Q3FY26, the company secured notable orders from the census commissioner worth ₹148 crore for IT Infrastructure AMC and a network of security services. Another order from the Government of Karnataka is worth ₹182 crore.

As of Q2FY26, the company’s total orderbook stood at ₹8,251 crore, and the company secured orders worth ₹3,321 crore worth orders in H1FY26, which is 3x more than the same period last year.

In the previous quarter, the company’s revenue jumped 12.8% YoY to ₹951 crore vs ₹851 crore in the same period last year. While the net profit growth stood at 5% YoY to ₹76 crore as against ₹73 crore.