RailTel Q3 Results: Date, Time, Earnings Schedule, Share Price History And More
RailTel Corp. is a Public Sector Undertaking company engaged in providing broadband and VPN services.
RailTel Corporation of India Ltd. is set to declare its Q3 results next week. The company has already notified the stock exchanges about the date and earnings schedule.
RailTel Corp. is a Public Sector Undertaking company engaged in providing broadband and VPN services. It was established in 2000 to create a nationwide broadband, telecom and multimedia network and modernise the Indian Railways.
Here is everything you need to know about RailTel Q3 results.
RailTel Quarterly Results: Date And Time
RailTel Corporation of India Ltd. in a stock exchange filing dated Jan. 22 said that its board of directors will meet to approve and announce the October-December quarter results on Monday, Jan. 27.
"It is hereby informed that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, 27th January 2025, inter-alia to consider and approve unaudited Financial Results for the quarter ended on 31st December 2024," the company said.
The telecom PSU further said that the trading window for insiders, which closed on Jan. 1, will open after 48 hours of announcing the Q3 results.
"The Trading Window for dealing in equity shares of RailTel has already been closed for designated persons and their immediate relatives with effect from Wednesday, 1st January, 2025 till expiry of forty-eight (48) hours after the declaration of unaudited Financial Results for the quarter ended on 31st December 2024," it noted.
RailTel Share Price History
Shares of RailTel Corporation of India Ltd. have gone down by 7.04% in the last five trading sessions on the National Stock Exchange (NSE). In the last month, the stock price of the company has declined by 4.60%. In the last one year, the shares have gone down over 12%.
RailTel Q2 Performance Highlights
RailTel Corp. reported a 7% year-on-year increase in net profit for the second quarter of the current financial year. Net profit rose to Rs 72.6 crore for the quarter ending September, compared to Rs 68.2 crore in the same period last year. Revenue surged 41% year-on-year to Rs 843.5 crore. However, operating income or EBITDA grew by just 1% to Rs 129.3 crore. Tata Steel’s Ebitda margin contracted by 600 basis points to 15.3%, from 21.3% in the same quarter of the previous year.
