RailTel Corporation of India, a significant player in India’s telecommunications and railway infrastructure sector, is expecting a substantial boost in its railway signaling division, along with a surge in new orders. Sanjai Kumar, CMD of RailTel, noted that the company’s existing order book is valued at ₹5,000 crore and expressed optimism regarding the potential to secure new orders ranging from ₹2,000-2,500 crore over the next 12 to 18 months. Kumar reiterated RailTel’s fiscal year 2024 guidance, maintaining a forecast of 25% revenue growth and an EBITDA margin within the 18-20% range. Established in September 2000, RailTel Corporation of India Ltd. is a public sector enterprise with a mission to establish a comprehensive nationwide broadband, telecom, and multimedia network.
The company’s primary objective is to modernize train control operations and enhance safety systems for the Indian Railways. RailTel’s extensive network spans approximately 5,000 stations across the country, covering major commercial centers and playing a pivotal role in the development of India’s railway infrastructure.
