RVNL Q2 profit declines to Rs 230 crore 
News Updates

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.

PSU Watch is now on Whatsapp Channels. Click here to join

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.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

India-UK trade agreement may come into force next Month: Commerce Secy

RBI gives operational flexibility to NBFCs for branch expansion

MSRTC incurred daily losses of Rs 1.6 crore during FY 25-26

India's exports drop 7.44% to $38.92 billion in March amid disruptions due to West Asia crisis

CIDCO appoints RITES JV for Navi Mumbai airport's third runway feasibility study