RailTel wins PFMS IT infrastructure mandate through 2031
RailTel Corporation of India Ltd (
RAILTEL
) has secured a ₹101.82 crore work order from the Public Financial Management System (PFMS) to set up and operate critical IT infrastructure, as disclosed in a regulatory filing. The scope includes establishing and managing data centre (DC) and disaster recovery (DR) facilities, security operations centre (SOC) services, and data centre colocation, with the contract running until January 7, 2031.
The company stated that the awarding entity is domestic, with no promoter or group interest involved, and the transaction is not classified as a related-party transaction. The order adds to RailTel’s government-focused digital infrastructure pipeline and complements a recent ₹567 crore order from the Assam Health Infrastructure Development & Management Society, scheduled for completion by January 31, 2032.
On the financial front, RailTel reported Q2FY26 net profit of ₹76 crore (up 4.7% YoY), revenue of ₹951.3 crore (up 12.8% YoY), and EBITDA of ₹154.4 crore (up 19.4% YoY), with EBITDA margin improving to 16.2% from 15.3% a year earlier.
Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.