Railtel Corporation Of India (RAILTEL) Q3 25/26 earnings summary

Executive summary

• Operating revenue for Q3 FY26 reached INR 913 crore, up 19% year-over-year from INR 768 crore in Q3 FY25.

• Total income for the nine months ended December 2025 was INR 2,648 crore, reflecting 19% year-over-year growth.

• Profit before tax for the nine months was INR 280 crore, up 12% year-over-year.

• Earnings per share for the nine months stood at INR 6.37, a 10% increase year-over-year.

• Board approved unaudited financial results for the quarter and nine months ended December 31, 2025, with a limited review by statutory auditors.

Financial highlights

• Revenue from operations for Q3 FY26 was ₹91,345 lakhs, up from ₹76,762 lakhs in Q3 FY25; nine-month revenue was ₹2,60,862 lakhs, up from ₹2,16,922 lakhs year-over-year.

• Profit before tax for Q3 FY26 was ₹8,500 lakhs, compared to ₹8,968 lakhs in Q3 FY25; nine-month profit before tax was ₹27,961 lakhs, up from ₹25,059 lakhs year-over-year.

• Net profit for Q3 FY26 was ₹6,240 lakhs, compared to ₹6,505 lakhs in Q3 FY25; nine-month net profit was ₹20,457 lakhs, up from ₹18,636 lakhs year-over-year.

• Telecom segment contributed INR 349 crore and project segment INR 564 crore to Q3 operating turnover.

• Data center and ICT revenue for the quarter was INR 54 crore; other operating income was INR 3 crore.

Outlook and guidance

• Management maintains guidance of 20% growth in both top line and bottom line for the full year.

• Q4 is expected to be the strongest quarter, following historical trends.

• Telecom income growth is expected to be in the 8%-9% range going forward.

• For FY27, sales growth guidance remains at 20%, with overall EBIT margin expected at 10%-11%.