RailTel announces its highest ever consolidated income of ₹ 11,660.05 million - News Summed Up

RailTel announces its highest ever consolidated income of ₹ 11,660.05 million


NEW DELHI : RailTel has announced its highest ever consolidated income of ₹11,660.05 million in its 20th Annual General Meeting held on October 28 through video conferencing, the PSU said in a statement on Wednesday. This is a growth of 12.3% over the consolidated income of ₹1,0382.66 million in Financial Year 2018-19. With this, RailTel has posted a profit before tax amounting to ₹1,847.60 million and net profit of ₹1,410.66 million during the 2019-2020 fiscal on consolidated basis. "With its pan-India high capacity network RailTel offers services like, MPLS-VPN, Telepresence, Leased line, Tower Co-location, data center services etc . We have seen an increase in demand for our HD video conferencing service, e-office, Bandwidth usage etc during and post-lockdown.


Source: Mint November 04, 2020 13:07 UTC



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