RailTel Corporation of India saw a 1.87% increase in its stock price, reaching ₹342.95 after receiving a letter of intent (LoI) worth ₹100 crore (approximately $12 million USD) from the Divisional Commissioner of Konkan Division. The contract designates RailTel as the system integrator responsible for developing and maintaining an integrated IT solution for monitoring minor minerals over a five-year period, concluding in April 2031. This initiative is part of a government-backed digital governance effort aimed at enhancing transparency and improving administrative efficiency in mineral regulation. Despite this positive development, RailTel reported a 4.07% decline in standalone net profit for Q3 FY26, totaling ₹62.40 crore, compared to ₹65.05 crore in the same quarter of the previous fiscal year. However, the company's revenue from operations increased by 18.99% year-on-year to ₹913.45 crore.