RailTel Corporation of India has achieved a turnover of Rs.1017 crore and posted net profit of Rs.110 crore during 2018-19.
RailTel Corporation of India Ltd has achieved a turnover of Rs.1017 crore and posted a Profit before Tax amounting to Rs. 179 crore and net profit of Rs.110 crore during 2018-19 on standalone basis.
RailTel Corporation of India Ltd a body behind transforming Railway stations into Digital hubs by providing public Wi-Fi at major Railway stations held its 19th Annual General Meeting on 27th of September.
Total dividend payout for the FY 2018-19 would be Rs.64.20 crore (including interim dividend of Rs.18 crore) which is 58.36% of PAT as approved by the Shareholders in the AGM.
Chairman and Managing Director Puneet Chawla, addressing stakeholders gave these details and apprised them of the latest developments and future plans of the company.
Currently 4900+stations are live with RailTel’s RailWire Wi-Fi.
