Shares of RailTel Corporation of India Ltd skyrocketed 12% on 2 May after the company announced its quarterly earnings for January-March.
The Navratna PSU reported a stellar 46.4% year-on-year (YoY) increase in net profit to Rs 113.4 crore for the quarter under review compared to Rs 77.53 crore reported in the same quarter of the previous fiscal year.
The company’s operating income also jumped to Rs 1,308.28 crore, marking a 57% YoY increase compared to Rs 832.7 crore reported in the same year of the last fiscal year.
On the operating front, the earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) grew by 53.8% to Rs 180 crore during the quarter. However, despite the growth, the EBITDA margins during the quarter contracted by 27 basis points to 14% in Q4FY25. This decline in EBITDA margins was due to an 86% increase in expenses that resulted from projects executed in the same quarter last year.
As of March 2024, approximately 3.68 lakh small shareholders—those with holdings up to Rs 2 lakh—jointly held a 16% stake in the company. This reflects a drop from the December quarter when 5.3 lakh small investors together owned 20.11% of the company.
At 2:35 pm, the shares of RailTel Corp were trading % higher at Rs 315.10 on NSE.
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