Railtel Corporation Of India (RAILTEL) Q2 25/26 earnings summary

Executive summary

• Operating revenue for Q2 FY26 reached INR 951 crore, up 28% QoQ; total revenue was INR 966 crore, up 27% QoQ.

• Unaudited financial results for the quarter and half year ended September 30, 2025, were approved, showing continued profitability and revenue growth year-over-year.

• Profit before tax for Q2 FY26 was INR 105 crore, up 18% QoQ; profit after tax was INR 76 crore, up 15% QoQ.

• H1 FY26 total income was INR 1,724 crore, up 20% YoY; PAT for H1 FY26 was INR 142 crore, up 17% YoY.

• Interim dividend of INR 1 per share declared for FY26, with a record date of November 4, 2025.

Financial highlights

• Revenue from operations for Q2 FY26 was ₹95,136 lakhs, up from ₹84,349 lakhs in Q2 FY25; half-year revenue was ₹1,69,517 lakhs, up from ₹1,40,160 lakhs year-over-year.

• Net profit for Q2 FY26 was ₹7,607 lakhs, compared to ₹7,264 lakhs in Q2 FY25; half-year net profit was ₹14,217 lakhs, up from ₹12,131 lakhs year-over-year.

• Earnings per share in Q2 FY26 was INR 2.37, up 15% QoQ; H1 FY26 EPS was INR 4.43, up 17% YoY.

• Order book as of the call date stood at INR 8,251 crore, with INR 3,317 crore in new orders received up to 30.09.2025.

• CapEx for Q2 was INR 62 crore; full-year CapEx expected at INR 250 crore.

Outlook and guidance

• Revenue growth guidance maintained at 25% for FY26, with EBIT margin guidance of 11-12%.

• Management expects order inflow momentum to continue in H2 FY26, with optimism for further large orders.

• Growth target for FY27 is conservatively set at 20-25%, acknowledging global uncertainties.

• Interim dividend declared signals confidence in ongoing cash flows and profitability for FY 2025-26.