Friday 21st January 2022

RailTel gets Excellent MoU Rating

Oct 11th, 2021 10:21 pm | By | Category: LATEST NEWS

Puneet Chawla,
CMD
RailTel Corporation limited.


(THE NEWSMAN OF INDIA.COM)
RailTel has drastically improved its MoU rating granted by the Department of Public Enterprise from GOOD in 18-19 to EXCELLENT in 19-20. The achievement was a result of increase in Revenue from operations by more than 12%, improvement in operating profit as % of Revenue from operations, improvement in capacity utilisation, Reduction in claims against the company and execution of important projects. The consolidated revenue growth in 20-21 has been 21% over 19-20. and Railtel expects to better this in the FY 21-22 also.

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