JKB Financial Services Ltd.

As on : 18-Sep-2025

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18-Sep-2025 09:16

RailTel Corp secures Rs 106-cr order from Bihar Education Project Council

The order includes the procurement, supply, and installation of smart classrooms and Kasturba Gandhi Balika Vidyalayas (KGBVs) across Bihar. The total contract value is Rs 1,05,74,73,33 and the project is to be executed by 14 January 2026.

The company also clarified that neither its promoters nor promoter group entities have any interest in the awarding authority and the transaction does not qualify as a related party transaction under applicable regulations.

RailTel Corporation, a Navratna PSU, is one of the largest neutral telecom infrastructure providers in the country, owning a Pan-India optical fiber network.

The company's standalone net profit jumped 35.81% to Rs 66.10 crore in Q1 FY26, compared with Rs 48.67 crore in Q1 FY25. Revenue from operations rose 33.27% YoY to Rs 743.81 crore in Q1 FY26.

The counter rose 0.06% to Rs 400.90 on the BSE.

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