Railtel Q2 Results : Total Income Of Rs 440 Cr, PAT At Rs 35 Cr

RailTel posts its Consolidated Income of Rs. 440Crore in 2^nd quarter of FY 22-23

Company’s Consolidated income grows 14% Q-O-Q

RailTel has recorded a growth both in income as well as profit with a growth of 14% in income in Q2 vis-vis Q1 and 112% growth in PAT in Q2 vis-à-vis Q1 in FY23: Sanjai Kumar, CMD, RailTel.

New Delhi, Nov 10 RailTel announced its consolidated income of Rs.440 Crorein 2^nd quarter of FY 22-23 in its 136^th Board Meeting held on 10.11.2022. This is a growth of 14% over consolidated income of Rs. 385 Crore of 1^st quarter of FY 22-23. Consolidated income for half year ended 30/09/2022 is Rs 825 Crore as against income of Rs.696 Crore for the corresponding period of previous financial year.

RailTel has posted a consolidated Profit before tax amounting to Rs. 74 Crore and Profit after tax of Rs. 55 Crore in 2^ndquarter of FY 22-23 as compared to Rs 35 Crore PBT and Rs 26 Crore PAT in Q1 of FY 22-23. There is a growth of 111% in Profit before tax and growth of 112% in Profit after tax in comparison to 1^stquarter of FY 22-23.

Speaking about the results, Sanjai Kumar, Chairman & Managing Director, RailTel expressed happiness that RailTel has recorded a growth both in income as well as profit with a growth of 14% in income in Q2 vis-vis Q1 and 112% growth in PAT in Q2 vis-à-vis Q1 in FY23.I would like to thank all the stakeholders for their faith in our company.