Railtel Corporation of India has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 39.62% rise in net profit at Rs 75.55 crore for the quarter under review as compared to Rs 54.11 crore for the same quarter in the previous year. Total income of the company increased by 53.55% at Rs 709.70 crore for Q4FY23 as compared to Rs 462.19 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 40.01% rise in its net profit at Rs 76.04 crore for fourth quarter ended March 31, 2023 as compared to Rs 54.31 crore for the same quarter in the previous year. Total income of the company increased by 50.98% at Rs 714.84 crore for Q4FY23 as compared to Rs 473.48 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 10.06% fall in its net profit at Rs 187.38 crore as compared to Rs 208.34 crore for the previous year. However, total income of the company increased by 27.99% at Rs 1,980.67 crore for year under review as compared to Rs 1,547.49 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 9.51% fall in its net profit at Rs 189.08 crore as compared to Rs 208.95 crore for the previous year. However, total income of the company increased by 26.90% at Rs 2,002.20 crore for year under review as compared to Rs 1,577.73 crore for year ended March 31, 2022.
