Telecom infrastructure firm RailTel Corporation of India Ltd on Saturday (November 1) said it has received a Letter of Acceptance from the Rajasthan Council of School Education for a project valued at ₹32,43 crore, including taxes.
The contract pertains to providing Aadhaar enrolment and updation services and has been awarded by a domestic entity. According to the disclosure filed by the company on Saturday (November 1), the order was received on October 31, 2025, at 6:00 p.m.
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As per the Letter of Acceptance terms and conditions, the project is to be executed by October 30, 2030. RailTel confirmed that the promoter or promoter group has no interest in the awarding entity and that the order does not fall within related party transactions.
Second Quarter ResultsThe company reported a 4.7% increase in its second-quarter net profit to ₹76 crore from ₹73 crore in the previous year. Its revenue for the second quarter increased 12.8% to ₹951.3 crore from ₹843.5 crore last year. Growth during the quarter was led by the project work services business, which, however, is a low-margin business.
RailTel’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased 19.4% to ₹154.4 crore from ₹129.3 crore in the second quarter last fiscal. Its EBITDA margin expanded to 16.2% from 15.3% in the year-ago period. Operating cash flow for the company was negative at the end of the September quarter due to adverse working capital requirements.
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Revenue from the telecom services business grew by 9% from last year to ₹367.5 crore, while its Earnings Before Interest and Tax increased by 23% to ₹102.5 crore. EBIT margin for this business expanded to 27.9% from 24.6% last year.
On Friday (October 31), shares of Railtel Corporation of India Ltd ended at ₹368.10, down by ₹3.35, or 0.90%, on the BSE.
