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RailTel Q4 profit rises 3%, posts total income of Rs 852cr

RailTel announced its Operating Income of Rs. 833 Crore in Q4 of FY’ 23-24 registering a sequential growth of 25% QoQ in its 146th Board Meeting held on 02nd May 2024. The Company has posted a total income of Rs 852 Cr in Q4 of FY 24.

The Company posted Rs 102 Crore Profit Before Tax (PBT) in Q4 of FY’24 as against Rs. 84 crores in previous quarter, registering a 21% QoQ growth. The Company has posted Profit After Tax (PAT) of Rs 78 Cr in Q4 of FY 24 as against Rs. 62 Crore in previous quarter registering a QoQ growth of 26%.

For the year ended on 31/03/2024, the company achieved a total Income of Rs 2622 crores and total PAT of Rs. 246 crores registering a growth of 31% in turnover and profits, as compared to last year.

Talking about the results, Sanjai Kumar, Chairman and Managing Director of RailTel said, “Operationally the Company has been performing consistently with an impressive growth of 25% on QoQ basis in its operating Revenue. For Financial year 2023-24 also the growth in Revenue & PAT has been quite encouraging at 31% . With healthy order book, the company has visibility of substantial growth in operating Income in coming quarters”.

CT Bureau

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