News Headlines
RailTel
RailTel has announced its highest ever consolidated income of Rs 1,628 crore in its latest board meeting. This is a growth of 15 per cent over consolidated income of Rs 1,411 crore in FY 20-21.
With this, RailTel has posted a profit before tax amounting to Rs 281 crore and profit after tax of Rs 209 crore during the FY 21-22 on consolidated basis.
The company registered a revenue from operation of Rs 466 crore. In Q4 which is 11 per cent increase over preceding quarter and 8 per cent higher on Year-on-Year basis.
Talking about the future prospects of the company, RailTel Chairman and Managing Director Aruna Singh said, “We currently have a very healthy order book of around Rs 5,800 crore and we have been winning multi-crore orders consistently through competitive biddings as well."
She further said, "We are focused on getting more business and with covid situation slowly normalising and expecting ease of semiconductor chip shortage, a guidance of 20 per cent growth in the topline is what we are aiming at for FY'23. We are also determined on delivering these orders on time to ensure customer satisfaction.”
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest