&w=3840&q=100)
RVNL shares rise 2% on ₹213 crore South Central Railway project
The civil construction stock rose as much as 2.27 per cent during the day to ₹404 per share. The stock pared gains to trade 1 per cent higher at ₹398.2 apiece, compared to a 0.3 per cent decline in Nifty 50 as of 10:26 AM.
Shares of the company are down nearly 10 per cent from their recent highs of ₹440 per share, which it hit in May. The counter has risen 5.6 per cent this year, compared to an 8.2 per cent advance in the benchmark Nifty 50. RVNL has a total market capitalisation of ₹83,129.7 crore, according to BSE data. Track LIVE Stock Market Updates Here
RVNL bags ₹213 crore South Central Railway project
Rail Vikas Nigam Limited has emerged as the lowest bidder (L1) for a project awarded by South Central Railway, according to an exchange filing.
The ₹213.2 crore project involves the design, supply, erection, testing, and commissioning for the upgradation of the overhead electrification (OHE) system from 1X25kV to 2X25kV. This includes feeder and earthing works in the Duvvada–Rajahmundry and Samalkot–Kakinada Port sections of the Vijayawada Division, covering a total of 195.5 RKM/391 TKM.
RVNL Q4 results
The company reported a consolidated net profit of ₹459.15 crore in the March quarter of financial year 2025 (Q4FY25), falling nearly 4 per cent from ₹478.56 crore in the same period a year ago (Q4FY24). However, on a sequential basis, the company's profit zoomed 47 per cent from ₹311.44 crore in Q3FY25.
Revenue from operations slipped marginally Y-o-Y to ₹6,426.88 crore, from ₹6,714.01 crore in Q4FY24.
Meanwhile, RVNL reported a consolidated net profit of ₹1,281.39 crore in FY25, down from ₹1,550.69 crore in FY24. Moreover, the revenue from operations dropped to ₹19,923.02 crore from ₹21,878.53 crore a year ago.
About RVNL
RVNL is a company based in New Delhi, specialising in the construction of rail infrastructure projects across the country. Set up in 2003, the company is actively involved in the development and implementation of various railway projects, including new lines, doubling, gauge conversion, railway electrification, workshops, metro projects, bridges, construction of cable-stayed bridges, and institutional buildings.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
3 hours ago
- Mint
Dividend Stocks: LIC, Hero MotoCorp, Union Bank, Zydus, others to trade ex-dividend next week; check full list
Dividend Stocks: Shares of several companies, such as Life Insurance Corporation of India (LIC), Hero MotoCorp, Union Bank of India Zydus Lifesciences and others, are expected to trade ex-dividend next week, according to BSE. Some of the major companies have announced various corporate actions, including the bonus issue, stock split, buyback of shares and others, as per BSE data. The day when the equity share price adjusts to reflect the next dividend payout is known as the ex-dividend date. When the stock becomes ex-dividend, it means that the stock no longer includes the value of its upcoming dividend payment from that day onwards. Dividends are payable to all the shareholders whose names appear on the company's list by the end of the record date. Acceleratebs India, Anupam Rasayan India, OCCL, Orient Bell, Shree Cement, Thangamayil Jewellery and Windlas Biotech declared ex-dividend. Happy Forgings, Hind Rectifiers, Menon Pistons, SIL Investments, Siyaram Silk Mills, Strides Pharma Science, Voltamp Transformers, Wires & Fabriks SA declared ex-dividend. Aditya Birla Sun Life AMC, Advanced Enzyme Technologies, Banswara Syntex, Bhatia Communications & Retail (India), D B Corp, EL CID Investments, Greaves Cotton, Heritage Foods, K P R Mill, Mahindra Logistics, Metal Coatings India, NESCO, Novartis India, Pidilite Industries, Precision Camshafts, Route Mobile and Sonata Software declared ex-dividend. 20 Microns, Birlanu, Bliss GVS Pharma, Cholamandalam Investment and Finance Company, Crompton Greaves Consumer Electricals, Fiem Industries, Hatsun Agro Product, Hero MotoCorp, IVP, Paushak, Privi Speciality Chemicals, Radico Khaitan, Sanco Trans and TCPL Packaging declared ex-dividend. Companies such as 3M India, Abbott India, Akzo Nobel India, Albert David, Arvind, Arvind SmartSpaces, Associated Alcohols & Breweries, Bemco Hydraulics, Bhageria Industries, Bharti Hexacom, BN Rathi Securities, Bombay Cycle & Motor Agency, Capital Small Finance Bank, Centum Electronics, Divis Laboratories, Fine Organic Industries, Flex Foods, Fortis Healthcare, GMM Pfaudler, GOCL Corporation, HB Stockholdings, ICRA, Indian Metals & Ferro Alloys, Infobeans Technologies, Jubilant Ingrevia, Jubilant Pharmova, KEC International, Kirloskar Brothers, Life Insurance Corporation of India, Lupin, Mafatlal Industries, Mukand, Info Edge (India), Nelcast, Nitta Gelatin India, Orient Cement, Precision Wires India, Sealmatic India, Shriram Pistons & Rings, Steelcast, Sumitomo Chemical India, Thyrocare Technologies, Tube Investments of India, Timken India, Transworld Shipping Lines, Union Bank of India and Zydus Lifesciences declared ex-dividend. Focus Business Solution: Bonus issue in the ratio of 29:50 on Monday, July 21, 2025. Tanla Platforms: Buy back of shares on Wednesday, July 23, 2025. IRB InvIT Fund: Income Distribution (InvIT) on Thursday, July 24, 2025. Spandana Sphoorty Financial: Right issue of equity shares on Thursday, July 24, 2025. Kellton Tech Solutions: Stock split from ₹ 5 to Re 1 on Friday, July 25, 2025. RIR Power Electronics: Stock split from ₹ 10 to ₹ 2 on Friday, July 25, 2025. Taaza International: Resolution plan (suspension) on Friday, July 25, 2025.
Mint
4 hours ago
- Mint
India Cements Q1 results: ICL reports net loss at ₹133 crore. Check details
New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of ₹ 132.90 crore for the first quarter ended June 2025. It had reported a net profit of ₹ 58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Its revenue from operations was marginally down at ₹ 1,024.74 crore in the June quarter of FY26. This was ₹ 1,026.76 crore in the corresponding quarter of the last fiscal. The total expenses of ICL declined 12.43 per cent to ₹ 1,042.19 crore in the first quarter of FY26. ICL's total income, which includes other income, in the June quarter was marginally down at ₹ 1,033.85 crore. UltraTech, the country's leading cement maker, acquired the promoter's stake in the South-based cement maker. Consequently, ICL became a subsidiary of UltraTech Cement, with effect from December 24, 2024. "PAT before onetime exceptional items was a negative ₹ 9.13 crore compared to negative ₹ 182.21 crore over the same period last year," said an earnings statement by the company. It has refinanced its debt, resulting in a significant reduction in finance costs to ₹ 26.58 crore from ₹ 82.36 crore in the corresponding quarter of the previous year. According to ICL, it is "deriving benefits of synergy" with its holding company, UltraTech, which will improve its efficiency. "The company is planning a capital expenditure programme over the next 2 years for improving efficiency and reducing operating costs, increasing the share of renewable power and improving safety standards," said ICL. It further added that its profitability is expected to improve further as the benefit of this capex programme starts flowing together with synergies from economies of scale, wider distribution network and stronger balance sheet.
Indian Express
5 hours ago
- Indian Express
Corporate earnings today (July 19): HDFC Bank, Reliance Power, ICICI Bank among 11 companies that announced Q1FY26 results
Corporate earnings on July 19: Several companies including HDFC Bank, ICICI Bank, Reliance Power, Punjab & Sind Bank, and Central Bank of India have announced their financial results for the quarter ended June 30, 2025. A look at the 11 companies that declared their Q1FY26 results today, July 19 – ICICI Bank reported a 15.9 per cent jump in its consolidated net profit to Rs 13,558 crore in the June quarter this fiscal. The lender had reported a net profit of Rs 11,696 crore in the year-ago period. On a standalone basis, the country's second-largest private sector lender reported a net profit of Rs 12,768 crore for the reporting quarter, up 15.5 per cent from Rs 11,059 crore in the year-ago period. HDFC Bank posted a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore for the June 2025 quarter. The lender had reported a net profit of Rs 16,475 crore in the year-ago period. On a standalone basis, the country's largest private sector lender reported a net profit of Rs 18,155 crore for the reporting quarter, up from Rs 16,174 crore a year ago. JK Cement Ltd reported a 75.4 per cent increase in its consolidated net profit to Rs 324.25 crore for the June quarter of 2025-26 compared to Rs 184.82 crore in the April-June period a year ago. Its revenue from operations rose by 19.4 per cent to Rs 3,352.53 crore in the June quarter compared to Rs 2,807.57 crore in the corresponding period a year ago, according to a regulatory filing from JK Cement Ltd (JKCL). Total expenses were at Rs 2,919.83 crore, up 13.2 per cent in the June quarter. Punjab & Sind Bank reported a 48 per cent jump in net profit to Rs 269 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts. The lender had earned a net profit of Rs 182 crore in the same quarter of the previous fiscal year. The total income rose to Rs 3,379 crore during the June 2025 quarter from Rs 2,846 crore in the same quarter of FY25, Punjab & Sind Bank said in a regulatory filing. India Cements Ltd (ICL), now part of the Aditya Birla Group, reported a consolidated net loss of Rs 132.90 crore for the first quarter ended June 2025. It had reported a net profit of Rs 58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Its revenue from operations was marginally down at Rs 1,024.74 crore in the June quarter of FY26. This was Rs 1,026.76 crore in the corresponding quarter of the last fiscal. AU Small Finance Bank posted a 16 per cent growth in net profit to Rs 581 crore during the first quarter of this financial year. The Jaipur-based bank had earned a net profit of Rs 503 crore in the same quarter of the previous fiscal year. The total income rose to Rs 5,189 crore during the June 2025 quarter from Rs 4,278 crore in the same period of FY25, AU Small Finance Bank said in a regulatory filing. Reliance Power reported a consolidated net profit of Rs 44.68 crore for the quarter ended June 2025-26, as the company trimmed its expenses. It had posted a loss of Rs 97.85 crore in the first quarter of the preceding 2024-25 fiscal, the company said in an exchange filing. The company's total income was Rs 2,025.31 crore against Rs 2,069.18 crore in the year-ago quarter. RBL Bank posted a 46 per cent drop in its June 2025 quarter net profit to Rs 200 crore as it faced challenges on the core income front. The lender had posted a net profit of Rs 372 crore in the year-ago period, while the same figure had stood at Rs 69 crore in the preceding March quarter. Its core net interest income degrew 13 per cent to Rs 1,481 crore, impacted by an over 1.15 per cent drop in the net interest margin to 4.5 per cent against 5.67 per cent a year ago despite a 9 per cent loan growth. State-owned Union Bank of India reported a 12 per cent rise in net profit to Rs 4,116 crore during the first quarter of this financial year. The Mumbai-based lender had earned a net profit of Rs 3,679 crore in the same quarter of the previous fiscal year. The total income rose to Rs 31,791 crore during the June 2025 quarter from Rs 30,874 crore in the year-ago period, Union Bank of India said in a regulatory filing. Central Bank of India posted a 33 per cent growth in net profit at Rs 1,169 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts. The Mumbai-based bank had earned a net profit of Rs 880 crore in the same quarter of the previous fiscal year. The total income rose to Rs 10,374 crore during the June quarter of 2025-26, from Rs 9,500 crore in the same quarter of FY25, Central Bank of India said in a regulatory filing. Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, has reported a standalone profit for the April-June 2025 quarter at Rs 8.71 crore. The city-based company had earned a net profit of Rs 3.64 crore during the corresponding quarter of last financial year.
