Railtel Corporation of India reported a net profit of ₹657.8 crore for the quarter ended June 30, 2026, remaining effectively flat compared to ₹661.0 crore in the corresponding period of FY26. The Government of India undertaking posted revenue from operations of ₹8,932.7 crore, marking a 20% year-on-year increase from ₹7,438.1 crore. Despite robust top-line growth driven by its Project Work Services segment, profitability stagnated due to disproportionate expense inflation and a contraction in operating margins.

The Board of Directors approved the unaudited financial results on July 30, 2026, following a review by the Audit Committee. Statutory auditors Lunawat & Co. issued a limited review report on the financial statements prepared in accordance with Ind AS 34. The filing was submitted to the National Stock Exchange and BSE Limited under Regulation 30 and 33 of SEBI (LODR) Regulations, 2015. The company disclosed no material misstatements in the filing.

Financial Highlights

EBITDA for the quarter stood at ₹1.32 billion rupees versus ₹1.16 billion rupees in the corresponding period last year. However, the EBITDA margin contracted to 14.73% from 15.58% year-on-year, signaling rising cost pressures. Total expenses increased to ₹8,131.2 crore from ₹6,722.7 crore in Q1FY26. Key expense drivers included project expenses of ₹50,836 crore and employee benefits of ₹6,022 crore. Finance costs remained low at ₹103 crore. The company recorded exceptional items of ₹704 crore, contributing to a profit before tax of ₹894.4 crore. Tax expense for the period comprised current tax of ₹1,708 crore and deferred tax of ₹658 crore.

Segment Performance

The Telecom Services segment contributed ₹3,608.1 crore to revenue, while Project Work Services generated ₹5,324.6 crore, accounting for nearly 60% of total revenue. The Telecom segment delivered a profit before tax and interest of ₹693.6 crore. Project Work Services reported a segment profit of ₹241.0 crore for the quarter.

What the Numbers Show

While revenue growth was robust at 20%, net profitability remained stagnant due to higher operational costs. The contraction in EBITDA margin to 14.73% from 15.58% underscores the rising cost pressures, particularly within the Project Work Services segment, where execution costs are scaling proportionally with income. Un-allocable expenditure increased to ₹943 crore from ₹386.5 crore in the corresponding quarter of FY26, further weighing on overall bottom-line efficiency. The high-margin Telecom Services business continues to provide a counterbalance, though its relative contribution to total revenue remains smaller than the project-driven segment.

RailTel Corporation of India , a Government of India Undertaking under the Ministry of Railways, has announced the convening of its 26th Annual General Meeting through Video Conferencing and Other Audio-Visual Means. The meeting is scheduled for Thursday, August 20, 2026 at 12:30 Hrs, in compliance with MCA General Circular No. 03/2025 dated September 22, 2025, the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM Notice and Annual Report Dispatch

The Notice of the 26th AGM and the Annual Report for Financial Year 2025-26 were sent electronically on Tuesday, July 28, 2026 to all members whose email addresses were registered with the Company, Depository, or Registrar and Share Transfer Agent as on Friday, July 24, 2026. The documents are also hosted on the company's website at www.railtel.in , as well as on the websites of BSE Limited, National Stock Exchange of India Limited, and NSDL.

E-Voting Schedule and Key Dates

The company has engaged NSDL to provide remote e-voting facilities to members for casting votes on the business set forth in the AGM Notice. The following key dates and timelines have been established:

Dividend and Record Date

RailTel Corporation has fixed Thursday, August 13, 2026 as the record date for determining the eligibility of members to receive the final dividend. The final dividend, if approved by shareholders at the 26th AGM, will be paid within 30 days from the date of its declaration at the meeting.

E-Voting Participation Guidelines

Only those members whose names appear in the Register of Beneficial Owners maintained by the depositories as on the cut-off date of August 13, 2026 will be entitled to avail the remote e-voting facility or vote through the e-voting system during the AGM. Key participation conditions include:

• Members who have cast their vote via remote e-voting may attend the AGM through VC/OAVM but shall not be entitled to cast their vote again
• Once a vote on a resolution is submitted through e-voting, it cannot be changed
• Only members present at the AGM via VC/OAVM who have not previously cast their vote through remote e-voting are eligible to vote during the AGM
• Members who acquire shares after the electronic dispatch of the AGM notice and hold shares as on the cut-off date may obtain login credentials by sending a request to evoting@nsdl.co.in
• The remote e-voting facility is available at www.evoting.nsdl.com

Contact and Compliance Details

The AGM is being conducted in compliance with applicable regulatory provisions. Members with queries regarding e-voting may contact NSDL at 022-4886 7000 or 022-2499 7000, or write to evoting@nsdl.co.in . The company's Company Secretary and Compliance Officer, J S Marwah, may be reached at cs@railtel.in or +91 11 22900600. RailTel Corporation's registered and corporate office is located at Plate-A, 6th Floor, Office Block, Tower-2, East Kidwai Nagar, New Delhi-110023.