RailTel Corp Q2 Results: Profit Rises 5%; Dividend Announced — Check Record Date
RailTel Corporation of India Ltd.'s profit rises 4.7% to Rs 76.1 crore in the second quarter of this financial year. This is in comparison to profit of Rs 72.6 crore in the previous quarter of this fiscal, according to its stock exchange notification on Wednesday.
Revenue rose by 12.8% year-on-year for the three months ended September, reaching Rs 951 crore. Operating income, or earnings before interest, taxes depreciation, and amortization rises 19.5% year-on-year to Rs 154 crore. The Ebitda margin expanded to 16.2%.
RailTel Corporation Announces Dividend
RailTel announced an interim dividend of Rs 1 per equity share for the fiscal 2026. The company announced distribution of nearly Rs 32.09 crore to shareholders.
The board has fixed Nov. 4 as the record date for the purpose of dividend payment, the company said in an exchange filing on Wednesday. The dividend will be paid on Nov. 25 the company added.
(This is a developing story.)
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
