Interim dividend of Rs. 1.50 per share declared
We are doing well in this weak market scenario with consistent growth in operational revenue and have been posting healthy profits: Sanjai Kumar, CMD, RailTel
New Delhi, Jan 31 : RailTel announced its Consolidated Income of Rs. 462 Crore in 3rd quarter of FY 22-23 with the growth of 5% QoQ in its 137th Board Meeting held on 31st January 2023. The Company has posted a growth of 17% in revenue over 9 months of FY23 in comparison to corresponding period of FY 22. The Company has achieved EBITDA margin of 17% in Q3.
With this, RailTel has posted a Profit Before Tax (PBT) amounting to Rs 43 Crore and Profit After Tax (PAT) of Rs 32 Crore during Q3 of FY 22- 23 on consolidated basis. In the 9 months of the current FY, RailTel has posted total profit after tax of Rs. 113 cr.
Talking about the result, Sanjai Kumar, Chairman and Managing Director of RailTel said, “We are doing well in this weak market scenario with consistent growth in operational revenue and have been posting healthy profits. Right now we have a very healthy order book of Rs. 4700+ cr which is steadily translating into revenue in coming quarters in phased manner. Our target segment, which is domestic market, augurs well for our Company due to growing digitization needs of our country.”
