RVNL Q2 profit declines to Rs 230 crore 
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RVNL Q2 profit declines to Rs 230 crore

RVNL on Tuesday posted around 20 percent fall in consolidated net profit to Rs 230.52 crore in the September quarter, impacted by higher expenses

PSU Watch Bureau

New Delhi: State-owned RVNL on Tuesday posted around 20 per cent fall in consolidated net profit to Rs 230.52 crore in the September quarter, impacted by higher expenses.

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It had clocked a net profit of Rs 286.90 crore in the year-ago period, the company said in an exchange filing.

The company's total income rose to Rs 5,333.36 crore from Rs 5,136.07 crore during July-September FY25.

RVNL's expenses surged to Rs 5,015 crore from Rs 4,731.52 crore a year ago.

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

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