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RailTel registers highest ever consolidated income of Rs 11,660.05 million

Nov 6th, 2020 8:20 pm | By | Category: LATEST NEWS


New Delhi: RailTel has announced its highest ever consolidated income of Rs 11,660.05 million in its 20th Annual General Meeting held on October 28 through video conferencing, the PSU said in a statement on Wednesday. This is a growth of 12.3 per cent over the consolidated income of Rs 1,0382.66 million in Financial Year 2018-19.

RailTel has posted a profit before tax amounting to Rs 1,847.60 million and net profit of Rs 1,410.66 million during the 2019-2020 fiscal on consolidated basis.

The COVID-19 pandemic has not only compelled businesses across industries to turn to technology-enabled platforms for safe operations and business continuity, but also accelerated the adoption of digital imperatives, said Puneet Chawla, Chairman and Managing Director, RailTel.

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