RailTel Corporation's net profit jumps 60% at Rs 70 cr for Q3FY21
New Delhi: RailTel Corporation’s consolidated net profit jumped 60 percent at Rs 70 crore for the third quarter of the current fiscal as compared to Rs 43 crore in the corresponding quarter of the previous fiscal.
The revenues from operations of the company increased 52 percent Rs 411 crore for the third quarter of the current fiscal as compared to Rs 270 crore in the same qarter of the previous fiscal, the company said in a filing to the stock exchages.
The Board of the company has declared an interim dividend at the rate of 10 percent of the paid up share capital- Re 1 per share. The dividend will be paid on 5 April, 2021.