RailTel expects robust performance in railway signalling segment, eyes new orders
Sanjai Kumar, CMD of RailTel said the company's current order book stands at ₹5,000 crore, while expressing optimism about the potential for securing new orders in the range of ₹2,000-2,500 crore over the next 12 to 18 months.
RailTel Corporation of India, a key player in the Indian telecommunications and railway infrastructure sector, is anticipating a substantial upturn in its railway signalling segment, and a surge in new orders.
Sanjai Kumar, CMD of RailTel said the company's current order book stands at ₹5,000 crore, while expressing optimism about the potential for securing new orders in the range of ₹2,000-2,500 crore over the next 12 to 18 months.
Kumar reaffirmed RailTel's guidance for fiscal year 2024, maintaining a projection of 25% revenue growth and an EBITDA margin of 18-20%.
Established in September 2000, RailTel Corporation of India Ltd. is a public sector enterprise with a mission to create a comprehensive nationwide broadband, telecom, and multimedia network.
The company's primary objective is to modernise train control operations and enhance safety systems for the Indian Railways. RailTel's extensive network spans approximately 5,000 stations across the country, covering major commercial centres and playing a pivotal role in the development of India's railway infrastructure.
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(Edited by : Shweta Mungre)
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