RailTel Corp slides as Q1 profit marginally declines 0.48% YoY to Rs 66 crore
Mumbai, July 31 -- Revenue from operations rose 20.09% YoY to Rs 893.27 crore in Q1 FY27 from Rs 743.83 crore in the corresponding quarter last year.
Profit before tax (PBT) stood at Rs 89.44 crore in Q1 FY27, up 0.14% from Rs 89.31 crore posted in the same quarter last year. The company reported exceptional items of Rs 7.04 crore during the quarter.
Total expenses jumped 20.95% YoY to Rs 813.12 crore during the quarter from Rs 672.27 crore in Q1 FY26. Licence fees paid to the Department of Telecommunications (DoT) stood at Rs 21.70 crore, up 0.04%. Expenses on project work rose 31.20% YoY to Rs 508.36 crore, while employee benefit expenses increased 6.56% to Rs 60.22 crore during the period under review.
Revenue from telecom services ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.