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RailTel receives work order worth Rs 16 99 cr

RailTel Corporation of India has received a work order amounting to Rs. 16.99 crore (Inclusive of 18% GST) from Central Mine Planning & Design Institute towards providing of MPLS-VPN Connectivity for implementation of ERP and TPASS services for HD Video Conferencing facility for a period of 5 years on rental basis. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritativ

RailTel Corp gains on securing a order

RailTel Corporation of India rose 1.34% to Rs 143.70 after the company received a work order amounting to Rs 16.99 crore from Central Mine Planning & Design Institute. The contract entails providing MPLS-VPN connectivity for implementation of ERP and TPASS services for HD Video Conferencing facility for a period of 5 years on rental basis. RailTel Corporation of India s consolidated net profit jumped 19.4% to Rs 27.21 crore on 9.5% increase in net sales to Rs 429.82 crore in Q4 March 2021 over Q4 March 2020. RailTel, a Mini Ratna (Category-I) Central Public Sector Enterprise is an information and communications technology (ICT) provider and one of the largest neutral telecom infrastructure providers in the country owning a pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The Optical Fibre Cable (OFC) network covers important towns & cities of the country and several rural areas.

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