RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. It is a “Navratna” PSU of the Government of India. At present, RailTel’s network passes through around 6,000 stations across the country, covering all major commercial centers.
Q3 FY26 Earnings Results
- Revenue from Operations: ₹913.45 cr, +19.0% YoY (₹767.62 cr in Q3 FY25), strong top line growth.
- EBITDA: ₹133 cr, +10.1% YoY; EBITDA Margin: ~14.6% (vs ~15.8% in Q3 FY25), margin contraction year-on-year.
- PAT: ₹62.40 cr, -4.1% YoY (₹65.1 cr in Q3 FY25); EPS: ₹1.94.
- PBT: ₹85.00 cr (vs prior year); nine-month revenue ₹2,608.62 cr (+20.3% YoY) and 9M PAT ₹204.57 cr (+9.8% YoY); 9M EPS: ₹6.37.
Management Commentary & Strategic Decisions
- Management emphasized healthy revenue expansion, driven by growth in both core Telecom Services and Project Work Services, with project execution contributing significantly to the uptick in topline.
- Earnings mix shift: Telecom Services and Project Work segment both supported revenue growth, though profitability metrics faced pressure due to cost and margin compression.
- There was no detailed forward-looking guidance disclosed in the earnings release regarding FY26 full year expectations. Some media reports noted absence of specific future outlook commentary, which investors may view as a caution.
Q2 FY26 Earnings Results
- Revenue from Operations: ₹951 cr (approx), +12.8% YoY, +27% QoQ.
- EBITDA: ₹154 cr, +~19% YoY; EBITDA Margin: ~16.2%.
- PAT: ₹76 cr, +4–5% YoY; EPS: ₹2.37.
Management Commentary Q2
- Management highlighted broad sequential growth in revenue and profit, with margin expansion and client demand across core telecom infrastructure and IT services, supporting a robust quarter relative to prior periods.
- The company declared an interim dividend of ₹1 per share during Q2.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.