Up to date: Apr 24, 2020 16:34 IST
New Delhi [India], April 24 (ANI): Mini-ratna public sector unit RailTel mentioned on Friday it registered a consolidated income of Rs 1,243 crore within the monetary 12 months 2019-20, marking 20 per cent development within the year-ago interval.
“Whereas the telecom market has been posing unfavourable development for the previous few years, RailTel not solely managed to remain worthwhile but in addition recorded vital development through the years,” it mentioned in a press release.
The online value of the corporate has additionally grown steadily and persistently. The corporate maintained a gentle revenue and has been persistently paying dividends to the Ministry of Railways.
RailTel can also be one of many persistently profit-making telecom PSU regardless of gloomy market situations, it mentioned.
With a robust community of 55,000 route kilometres of optic fibre, RailTel has two tier-three knowledge centres to offer countrywide broadband telecom and multimedia network along with modernisation of practice operations and administration of community techniques for Indian Railways. (ANI)