Railtel Corporation of India Ltd.'s consolidated net profit doubled in the third quarter of fiscal 2025.
Net profit surged 4.7% (year-on-year) to Rs 65.1 crore, compared to the previous year's Rs 62.1 crore.
Revenue from operations rose 14.9% to Rs 768 crore, below the estimate of Rs 854 crore.
On the operating side, earnings before interest, tax, depreciation and amortisation grew 6.5% to Rs 121 crore, missing the forecast of Rs 169 crore. Margin fell 15.8% from 19.4% in the year-ago period.
Railtel Corp Q3 FY25 Highlights (Consolidated, YoY)
Revenue up 14.9% to Rs 768 crore versus Rs 668 crore. (Bloomberg Estimate: Rs 854 crore)
Ebitda down 6.5% to Rs 121 crore versus Rs 130 crore. (Bloomberg Estimate: Rs 169 crore)
Ebitda margin at 15.8% versus 19.4%.
Net profit up 4.7% to Rs 65.1 crore versus Rs 62.1 crore.
Shares of Railtel Corp Ltd. fell as much as 6.26% during the day to Rs 360.00 apiece on the National Stock Exchange. It closed 5.22% lower at Rs 364.00 per share, compared to a 1.14% advance in the benchmark Nifty. The share price has risen 18.20% on a year-to-date basis.
One out of the three analysts tracking the company has a 'buy' rating on the stock and two suggest a 'sell,' according to Bloomberg data. The average of 12-month analysts' price targets implies a potential downside of 21.0%.
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