Railtel Corporation secures work order of Rs 43.99 crore
The company aims for significant revenue growth of 25-30% in FY25 and is also anticipating substantial orders from Kavach projects over the next 4-5 years, potentially reaching Rs 4,000-5,000 crore.
State-owned RailTel Corporation of India Ltd has received a Letter of Intent (LOI) from Zoram Electronics Development Corporation Ltd. (Zenics). The significant order is Implementation of Mizo Fibre Grid Network (MFGN) Project.
The estimated size of order as per BID is Rs.43.99 Cr. The exact value will be known once PO is issued. The Time period by which order is to be executed is by 05-SEP-26.
The current order book stands at Rs 6,616 crore as of May 2025, with a strong pipeline of projects, including those related to Kavach and LTE technologies.
The company aims for significant revenue growth of 25-30% in FY25 and is also anticipating substantial orders from Kavach projects over the next 4-5 years, potentially reaching Rs 4,000-5,000 crore.
Shares of Railtel were closed at Rs 425.85 down by 1.54% at the time of closing bell.
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