RailTel Q4 Results: Net profit rises 3% YoY to Rs 77.5 crore, total income at Rs 852 cr

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.

Agencies
New Delhi: Railway PSU RailTel Corporation of India on Thursday reported a 3% 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.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › Earnings › RailTel Q4 Results: Net profit rises 3% YoY to Rs 77.5 crore, total income at Rs 852 cr
Text Size:AAA
Success
This article has been saved

*

+