4 days ago
RVNL Q1 Results: Cons PAT slumps 40% YoY; revenue, income see marginal dip
Rail Vikas Nigam Ltd (RVNL) on Tuesday reported a 39.99% year-on-year (YoY) decline in its consolidated net profit after tax to Rs 134.36 crore for the quarter ended June 30, 2025, compared to Rs 223.92 crore in the same period last year.
ADVERTISEMENT Revenue from operations came in at Rs 3,908.77 crore, down 4.05% YoY from Rs 4,073.80 crore in Q1FY24. Total income also fell 4.61% YoY to Rs 4,136.96 crore from Rs 4,336.75 crore in the corresponding quarter last year, indicating a softer topline performance.
On the profitability front, profit before tax (PBT) stood at Rs 173.41 crore, marking a sharp 42.51% decline YoY from Rs 301.61 crore in the year-ago period.
However, the total expenses of the company for the quarter stood at Rs 3,972.92 crore, marginally lower by 1.57% YoY from Rs 4,036.50 crore in the company witnessed a steep 70.74% quarter-on-quarter (QoQ) fall in net profit from Rs 459.12 crore in Q4FY25, reflecting weaker performance at the start of the new fiscal a separate announcement, RVNL informed exchanges that its Board of Directors has noted a Ministry of Railways decision regarding a change in the shareholding pattern of Kinet Railway Solutions Private Limited, a joint venture company.
ADVERTISEMENT As per the new arrangement, Joint Stock Company Metrowagonmash will see its stake reduced from 70% to 35%, Rail Vikas Nigam Limited will retain its 25% holding, and Joint Stock Company Locomotive Electronic System will increase its stake from 5% to 40%. Unlock 500+ Stock Recos on App
RVNL posted its Q1 results close to the market's closing hours, post which, the stock ended 4% lower at Rs 329.05 on the BSE.
ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)
