Railtel Corp.'s consolidated net profit saw a sharp advance in the first quarter of fiscal 2026.
Net profit surged 35.8% annually to Rs 66.1 crore, compared to the previous year's Rs 48.67 crore, according to an exchange filing on Monday.
Railtel Corp Q1 FY26 Highlights (Consolidated, YoY)
Revenue up 33.3% to Rs 743.80 crore versus Rs 558.11 crore.
Net Profit up 35.8% to Rs 66.1 crore versus Rs 48.67 crore.
Ebitda up 12% to Rs 115.81 crore versus Rs 103.37 crore.
Margin narrows to 15.6% versus 18.5%.
Shares of Railtel Corp. fell as much as 4.89% during the day to Rs 375.05 apiece on the National Stock Exchange. It closed 4.11% lower at Rs 378.15 per share, compared to a 0.63% decline in the benchmark Nifty. The share price has fallen 10% on a year-to-date basis.
Two analysts tracking the company have a 'sell' rating on the stock, according to Bloomberg data. The average of 12-month analysts' price targets implies a potential downside of 28.6%.
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