RailTel eyeing more than 25% revenue growth: Sanjai Kumar
RailTel, the telecommunications arm of Indian Railways, is set to pursue revenue growth rates of over 25% and maintain EBITDA margins of between 18-19%. The company has a Rs. 4,400-4,500 crore order book, and a large portion of its projects involve working with the government to implement LTE and KAVACH-related rail signalling modernisation projects. RailTel has put in place plans to capture between 20%-25% of the Rs. 1 lakh crore budget allocated for rail signalling modernisation and related investments.
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