RailTel Reports 3% Increase in Q4 Profit, Total Income Reaches Rs 852 Crore

With healthy order book, the company has visibility of substantial growth in operating income in coming quarters, Kumar added.For the year ended on March 31, 2024, the company achieved a total income of Rs 2,622 crore and a total PAT of Rs 246 crore, registering a growth of 31 in turnover and profits, compared to last year.

Railway PSU RailTel Corporation of India on Thursday reported a 3 per cent rise in profit after tax to Rs 77.53 crore for the January-March quarter of 2023-24 compared to Rs 75.24 crore in the same period of the previous year.

The Mini Ratna company under the Railway Ministry reported a total income of Rs 852 crore for the last quarter of 2023-24 against Rs 707.29 crore in the year-ago period, according to an exchange filing. Sanjai Kumar, Chairman and Managing Director of RailTel, said, “Operationally the company has been performing consistently with an impressive growth of 25% on QoQ basis in its operating revenue.

“For Financial year 2023-24 also the growth in Revenue and PAT has been quite encouraging at 31%. With healthy order book, the company has visibility of substantial growth in operating income in coming quarters,” Kumar added.

For the year ended on March 31, 2024, the company achieved a total income of Rs 2,622 crore and a total PAT of Rs 246 crore, registering a growth of 31% in turnover and profits, compared to last year.

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