RailTel Corporation of India has secured a significant contract from NewSpace India Limited (NSIL) for the supply, installation, commissioning, and operation & maintenance of an IT infrastructure upgrade. The estimated order value is ₹31.21 crore (approximately $3.75 million USD), excluding taxes, and the project is expected to be completed by January 31, 2027. The contract was awarded on May 22, 2026, at 18:32 hours. RailTel, established in 2000, aims to provide nationwide broadband and VPN services, enhancing telecom and multimedia networks to modernize train control operations and safety systems for Indian Railways. In its latest financial results, RailTel reported a 35.7% increase in standalone net profit, reaching ₹143.52 crore for the fourth quarter of FY26, compared to ₹105.78 crore in the same quarter of the previous fiscal year. Additionally, revenue from operations rose by 27.6% year-on-year to ₹1,668.86 crore in Q4 FY26, indicating robust growth in its business operations.