Introduction:
Railtel Corporation of India experienced a 2.72% surge, reaching Rs 389, following the announcement of securing a substantial work order valued at Rs 81.45 crore from the National Informatics Centre Services Incorporated.
The project entails a comprehensive scope, including the supply, installation, configuration, commissioning, and integration of ICT infrastructure. Additionally,
Railtel will be responsible for the operation and maintenance of the ICT infrastructure in adherence to the Service Level Agreement (SLA). The projected completion date for the endeavor is set for August 31, 2024.
Railtel Corporation Secures Rs 81 Crore Work Order from National Informatics Centre Services:
RailTel, designated as a “Mini Ratna (Category-I)” central public sector enterprise, stands as one of the foremost neutral telecom infrastructure providers nationwide. Its extensive Pan-India optic fiber network spans numerous towns, cities, and rural areas across the country.
Conclusion:
In its latest financial report, the company disclosed a 3.04% increase in net profit, reaching Rs 77.53 crore, accompanied by a noteworthy 19.39% surge in revenue from operations, totaling Rs 832.7 crore for the fourth quarter of FY24 compared to the same period in FY23.
Frequently Asked Questions FAQ:
1. What is Railtel Corporation of India?
Railtel Corporation of India is a leading neutral telecom infrastructure provider in India. It is a central public sector enterprise designated as a “Mini Ratna (Category-I)”.
2. What recent achievement has Railtel Corporation of India made?
Railtel Corporation of India recently secured a significant work order worth Rs 81.45 crore from the National Informatics Centre Services Incorporated.
3. What does the recent work order entail?
The work order involves the supply, installation, configuration, commissioning, and integration of ICT infrastructure. Railtel will also be responsible for the operation and maintenance of the infrastructure in accordance with the Service Level Agreement (SLA).
4. When is the projected completion date for the project?
The project is expected to be completed by August 31, 2024.
5. What is the scope of Railtel Corporation of India’s optic fiber network?
Railtel Corporation of India owns a Pan-India optic fiber network covering numerous towns, cities, and rural areas across the country.
6. How has Railtel Corporation of India performed financially in its latest report?
In its latest financial report, Railtel Corporation of India recorded a 3.04% increase in net profit, reaching Rs 77.53 crore. Additionally, there was a notable 19.39% rise in revenue from operations, totaling Rs 832.7 crore for the fourth quarter of FY24 compared to the same period in FY23.
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