RailTel Corporation of India Ltd. has received a Letter of Acceptance (LoA) from the Mumbai Port Authority for a significant domestic project. The order involves the Supply, Installation, Testing, and Commissioning (SITC) along with the Operation and Maintenance (O&M) of a Hospital Management Information System (HMIS). This system will cover the various hospitals and dispensaries under the Mumbai Port Authority’s jurisdiction. The formal work order was received on March 27, 2026, and the project is expected to be executed by July 26, 2031.

The total estimated size of this major order is ₹13,03,79,234 (Excluding Tax). The contract is set for a duration of five years starting from the “Go-Live” date. RailTel has confirmed that the project is awarded by a domestic entity and does not involve any related party transactions. Furthermore, the company stated that neither its promoters nor its group companies have any interest in the Mumbai Port Authority, ensuring full regulatory compliance under SEBI guidelines.

RailTel is a Navratna PSU and one of India’s largest neutral telecom infrastructure providers, owning an extensive optic fiber network that covers over 63,000 route kilometers. In 2025, the company has been aggressively expanding its digital portfolio beyond traditional railway services into e-governance and healthcare IT. Recent updates include securing a massive ₹444.44 Crore contract for the KSWAN 3.0 project in Karnataka and a ₹29.48 Crore SD-WAN order from the State Crime Records Bureau in Bhopal. The company also reached a milestone in FY2025 by having its project segment revenue surpass its telecom services revenue for the first time.

For the quarter ended December 31, 2025, RailTel reported an operating income of ₹913 Crore, representing a 19% year-on-year growth compared to ₹768 Crore in the corresponding quarter of the previous year. However, net profit for the quarter saw a slight decline of 4.1%, falling to ₹62.4 Crore from ₹65.1 Crore year-on-year. Sequentially, revenue decreased by 4% from ₹951.36 Crore in Q2FY26. As of late 2025, the President of India remains the primary promoter with a 72.84% stake, while institutional holdings include various Foreign Portfolio Investors who increased their combined stake to 3.68% during the December 2025 quarter.