RVNL Q1 net profit falls to Rs 224 crore File photo
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RVNL Q1 net profit falls to Rs 224 crore

RVNL posted around 35 percent fall in consolidated net profit to Rs 223.92 crore during the June quarter of FY25, mainly on account of reduced income

PTI

New Delhi: State-owned Rail Vikas Nigam Ltd (RVNL) on Thursday posted around 35 percent fall in consolidated net profit to Rs 223.92 crore during the June quarter of FY'25, mainly on account of reduced income.

It had reported a net profit of Rs 343.09 crore during the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing.

Also read:RVNL gets Rs 390 crore order from Indian Railways

The company's total income decreased to Rs 4,336.75 crore from Rs 5,853.18 crore in the year-ago quarter.

RVNL, under the Ministry of Railways, is involved in project development, financing and implementation of projects related to rail infrastructure.

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