RailTel Corporation of India Limited has announced its financial results for the quarter ended September 30, 2024. The company reported a significant year-on-year revenue growth of 41%, reaching ₹843.49 crore compared to ₹598.15 crore in the same quarter last year.
Key Financial Highlights:
- Revenue: ₹843.49 crore, marking a 41% increase from ₹598.15 crore in Q2 FY24.
- Net Profit: ₹72.64 crore, a robust year-on-year growth over the previous figure of ₹48.67 crore.
In addition to its strong financial performance, RailTel’s Board of Directors declared an interim dividend of 10%, equivalent to ₹1 per share on the paid-up share capital. The record date for this interim dividend has been set for Wednesday, November 6, 2024, ensuring that eligible shareholders receive the dividend as part of the company’s commitment to shareholder value.
This announcement is in compliance with SEBI Regulations 30 and 42 under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reflecting RailTel’s proactive approach to regulatory adherence and its focus on rewarding shareholders amid its ongoing growth trajectory.
