RailTel bags ₹35.6 crore railway signalling order from North Central Railway

RailTel Corporation of India Limited has secured an order worth about ₹35.6 crore for a railway signalling project after receiving a Letter of Acceptance (LoA) from the Deputy Chief Signal & Telecommunication Engineer.The project involves provision of MSDAC and other associated works, including suitable indoor alterations in EI/RRI/PI stations in the Prayagraj division of North Central Railway. The work is to be completed within 24 months from the date of the LoA, with execution scheduled up to 17 February 2028. The order is from a domestic entity and pertains to railway signalling infrastructure. The estimated size of the contract stands at ₹35,54,82,968, and the company said the promoter or promoter group has no interest in the awarding entity. The contract does not fall under related party transactions.

Meanwhile, Pace Digitek Limited said it has received an order worth about ₹89 crore from RailTel Corporation of India Limited for the supply, installation and commissioning of an IP-based video surveillance system in LHB coaches. The contract includes a three-year warranty followed by five years of comprehensive annual maintenance and is to be executed within eight months from the Letter of Award. The company said the promoter group has no interest in the awarding entity and the deal is not a related party transaction.
In a separate development, on 9 February 2026, the company received a ₹4,550 crore order from West Central Railway, strengthening its project pipeline. The contract, with an execution timeline of 960 days up to 24 September 2028, is not a related party transaction.
RailTel recently reported its Q3 results, where net profit declined 4% year-on-year to ₹62.4 crore from ₹65 crore. Revenue rose 19% to ₹913.4 crore from ₹767.6 crore, while EBITDA increased 10% to ₹133 crore from ₹121 crore.Total segmental revenue stood at ₹913.45 crore compared with ₹767 crore in the year-ago period. Telecom services contributed ₹349.5 crore, while project work services accounted for ₹564 crore. Profit before tax from telecom services rose to ₹78.92 crore from ₹69.72 crore, while project work services PBT slipped to ₹18.77 crore from ₹20.89 crore.

Earlier, the company secured a ₹94.24 crore order from Modern Coach Factory, Raebareli, along with AMC and IT infrastructure contracts worth ₹140.71 crore and ₹101.82 crore from the Ministry of Defence and PFMS, respectively.

Also read: RailTel bags ₹4,550 crore West Central Railway order, adds to strong project pipeline

RailTel shares closed 1.47% lower at ₹328.65 on the NSE.