Railtel Targets 30% Revenue Growth, Eyes Strong Order Inflows

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Synopsis:

Railtel Corporation of India aims for a 30% revenue growth to ₹3,400-3,500 crore this fiscal year. With an order book of ₹4,600 crore, they target converting 40% (₹1,800-1,900 crore) of orders into revenue.

RailTel News Today

Railtel Corporation of India foresees a substantial 30% revenue growth for the current fiscal year, aiming to reach ₹3,400-3,500 crore.

With an existing order book of approximately ₹4,600 crore, Railtel expects to convert around 40% of these orders, amounting to ₹1,800-1,900 crore, into revenue within the year.

Explore: RAILTEL CORP OF IND LTD

Projections for Kavach Orders

Kumar anticipates significant orders from Kavach projects over the next 4 to 5 years, aiming for ₹4,000-5,000 crore in revenue. Combining Kavach and LTE projects, they project orders of ₹10,000-12,000 crore.

Participation in Other Projects

Railtel is actively participating in other signalling tenders besides Kavach and LTE projects. They anticipate substantial work over the next 4 to 5 years, representing around 16-18% of the total outlay.

Revenue Split and Growth Expectations

Railtel aims for more than 30% revenue growth this year, reaching approximately ₹3,400-3,500 crore by the end of the fiscal year. This includes revenue from both telecom services and project work, with a strong focus on execution and meeting tender deadlines.

This growth trajectory reflects the company's market position and future potential.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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