RailTel shares rebound 4% after securing Rs 17 cr order from Navodaya Vidyalaya Samiti

RailTel Corporation of India receives order above Rs 17 crore from Navodaya Vidyalaya Samiti

RailTel Corporation of India’s shares rebounded by over 4 percent on January 29, recovering from the decline following a weak Q3FY25 performance. The stock is currently trading at Rs 366.35 per share, marking a gain of 4.25 percent as of 02:20 PM on the NSE.

Read about Stock Market updates LIVE

This uptick follows the company securing a significant order from M/s Navodaya Vidyalaya Samiti for the procurement and maintenance of IT infrastructure projects. The order is valued at over Rs 17 crore, inclusive of taxes, with an expected completion timeline set for July 27, 2025.

RailTel's financial results for the quarter ending December 2024 showed a dip in its EBITDA margin, which fell to 15.8% from 19.4% in the same quarter last year. The decline in profitability was attributed to increased expenses, primarily from higher license fees to the Department of Telecommunications and rising project costs.

However, the company recorded a 5 percent year-on-year (YoY) increase in net profit, rising to Rs 65 crore from Rs 62.1 crore in the previous year. Revenue for the quarter stood at Rs 767.6 crore, reflecting a 14.8 percent YoY growth compared to Rs 668.4 crore in Q3 FY24.

This month, RailTel also secured two major orders. One, worth Rs 78.43 crore, is from Bharat Coking Coal for integrated IT-based security infrastructure. The second, valued at

Rs 46.79 crore, is from North Western Railway for the construction of its Ajmer division.

The rise in shares today follows a three-day decline, with the stock having fallen 7.90 percent over the past month.