RailTel Corp gains on securing a order : vimarsana.com

RailTel Corp gains on securing a order


RailTel Corporation of India rose 1.34% to Rs 143.70 after the company received a work order amounting to Rs 16.99 crore from Central Mine Planning & Design Institute.
The contract entails providing MPLS-VPN connectivity for implementation of ERP and TPASS services for HD Video Conferencing facility for a period of 5 years on rental basis.
RailTel Corporation of India's consolidated net profit jumped 19.4% to Rs 27.21 crore on 9.5% increase in net sales to Rs 429.82 crore in Q4 March 2021 over Q4 March 2020.
RailTel, a "Mini Ratna (Category-I)" Central Public Sector Enterprise is an information and communications technology (ICT) provider and one of the largest neutral telecom infrastructure providers in the country owning a pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The Optical Fibre Cable (OFC) network covers important towns & cities of the country and several rural areas.

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