TCIL aims to surpass revenue target of Rs 2,250-crore, eyes Bharti Hexacom disinvestment by March
NEW DELHI: State-run Telecommunications Consultants India Limited (TCIL) is expected to exceed the government’s revenue target of Rs 2,250-crore this year following the strong order book, and is eyeing to sell its 30% stake in Bharti Hexacom by March 2024, a top official said.
“This year our target from the government is Rs 2,250 crores, but we are expecting that we will surpass that target. Our order book for 2022-23 was Rs 3,800 crores which was the highest. This year for the first six months itself, our order book was Rs 3,000 crores,” TCIL Chairman Sanjeev Kumar told ETTelecom.