RailTel Corporation Q1 Results | Railway PSU RailTel Corporation of India Ltd on August 1 reported 25.2% year-on-year inflation in net profit at ₹48.7 crore for the first quarter ended June 30, 2024.
In the same quarter, RailTel Corporation of India posted a net profit of ₹38.9 crore, the company said in a regulatory filing. The company’s revenue from operations increased by 19.4% to ₹558.1 crore from ₹467.6 crore in the corresponding period last fiscal.
At the operating level, EBITDA grew 14.8% to ₹103.4 crore in the first quarter of this fiscal year from ₹90.1 crore in the year-ago period.
EBITDA margin stood at 18.5% in the quarter under review compared to 19.3% in 1QFY24. EBITDA is earnings before interest, taxes, deterioration and amortization of debt.
The results came after the market closed. Shares of RailTel Corporation of India Ltd closed at ₹495.90, down ₹4.25 or 0.85% on the BSE.
RailTel Corporation Q1 Results | PSU’s net profit upgrade 25% to ₹49 crore, revenue up 19%
