Latest news with #RailVikasNigamLimited
India.com
5 days ago
- Business
- India.com
More bad news for Pakistan supporter Turkey as this Indian company is set to..., the company is...
PM Modi's masterstroke to finish Turkey for supporting Pakistan, India exposes Erdogan by.... India vs Turkey: After India conducted Operation Sindoor against the terror targets of Pakistan and Turkey, led by Recep Tayyip Erdogan came into its support, the trend to boycott Turkey is gaining wider attention in India. As a result of the massive anti-Turkey feelings in the country, the Rail Vikas Nigam Limited (RVNL) of India is reportedly terminating its agreement with Turkish firm Tumas. For those unversed, the Indian government had earlier revoked security clearance for Turkish company Celebi. Here are all the developments you need to know about the possible recent action from India. As per a report by the Navbharat Times, the deal between the Rail Vikas Nigam Limited (RVNL) has seen no progress, and as a result, RVNL may seek partnerships with companies from countries like the UAE, Europe, South Korea, and Spain instead. About Rail Vikas Nigam Limited Rail Vikas Nigam Limited (RVNL) is an Indian central Public Sector Undertaking (PSU) which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. As per the report, RVNL is now preparing to end this deal due to the anti-Turkey sentiments in the country. Indians boycotting Turkey and Azerbaijan In the wake of recent geopolitical developments that have led to a boycotting trends against Turkey and Azerbaijan, there has been a sharp 42 per cent decline in visa applications to Turkey and Azerbaijan, as per a report by IANS news agency. As both countries publicly expressed support for Pakistan, Indian travellers responded swiftly. Within just 36 hours, the number of users exiting the visa application process midway surged by 60 per cent, according to data provided by Atlys, a visa processing platform. (With inputs from agencies)
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Business Standard
22-05-2025
- Business
- Business Standard
RVNL share price down 2% post Q4 results; ₹1.72 dividend declared
RVNL share price dropped after the company reported a consolidated net profit of ₹459.15 crore in the March quarter of financial year 2025 (Q4FY25), falling nearly 4% from ₹478.56 crore in Q4FY24 SI Reporter New Delhi RVNL share price: Rail Vikas Nigam Limited (RVNL) shares were under pressure on Thursday, May 22, 2025, with the share dropping up to 1.95 per cent to hit an intraday low of ₹404.05 per share. However, at 10:43 AM, RVNL share price was off day's low, and was trading 0.74 per cent lower at ₹409.05 per share. In comparison, BSE Sensex was trading 0.81 per cent lower at 80,937.36 level. Why did RVNL share price fall? RVNL share price dropped after 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. RVNL dividend About RVNL Additionally, it offers financial resource mobilisation services to support its projects. Rail Vikas Nigam Limited caters to clients such as Indian Railways, central and state government ministries, departments, and public sector undertakings. The market capitalisation of RVNL is ₹87,153.84 crore, according to BSE. The company falls under the BSE200 category.
Time of India
22-05-2025
- Business
- Time of India
RVNL shares in focus after Q4 profit dips 4% YoY to Rs 459 crore
Live Events RVNL share price target RVNL shares performance (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Rail Vikas Nigam Limited (RVNL) will be in focus on Thursday after the company reported a 4% year-on-year decline in net profit to Rs 459 crore for the quarter ended 31 March 2025. In the same period last year, it had posted a profit of Rs 478.4 from operations fell 4.3% to Rs 6,426.9 crore, compared to Rs 6,714 crore in the corresponding quarter of the previous the operating level, EBITDA dropped 5% to Rs 432.9 crore, while the EBITDA margin narrowed slightly to 6.7% from 6.8% a year company has recommended a final dividend of Rs 1.72 per equity share (17.20%) on the face value of Rs 10 each for the financial year 2024–25. The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM). Upon approval, the final dividend will be paid within 30 days from the date of its declaration at the to Trendlyne, the average target price for RVNL stands at Rs 339, implying a downside of nearly 18% from current levels. Among the 2 analysts covering the stock, the consensus rating is 'Sell'.From a technical perspective, the Relative Strength Index (RSI) is at 64.8, indicating neutral momentum. The MACD stands at 5.9 and is positioned above both its center and signal lines, suggesting a bullish trend. RVNL shares are currently trading above their 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, and 150-day simple moving averages (SMAs).RVNL shares closed at Rs 412.1 on Wednesday, down 0.7% on the BSE, even as the Sensex gained 0.51%. The stock has risen 11% in the past three months and 255% over the last two years. Its current market capitalisation stands at Rs 85,924 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
News18
22-05-2025
- Business
- News18
RVNL Declares Rs 1.72 Final Dividend for FY25 Amid 4% Profit Drop
Last Updated: RVNL Final Dividend 2025: Revenue declined YoY due to lower execution or billing, while PAT and EPS were also lower YoY. RVNL Final Dividend 2025: Along with its quarterly results, Rail Vikas Nigam Limited (RVNL) announced a final dividend of Rs 1.72 per share (17.20 per cent) for the financial year 2024-25 on Wednesday. The final dividend will be paid within 30 days from the date of its declaration at the AGM. On Wednesday, RVNL shares fell 0.70 per cent to settle at Rs 412.10 apiece. It was lower than the previous day close at Rs 415 apiece. RVNL Q4 FY25 Results RVNL reported that its net profit dropped 4 per cent on a year-to-year basis to Rs 459.12 crore in Q4 FY25, as compared to Rs 478.40 crore in Q4 FY24. Meanwhile, the total income for the quarter ended March 31, 2025 stood at Rs 6,613 crore, down 5 per cent YoY from Rs 6,994.31 crore in Q4 FY24. EPS stood at Rs 2.20, as compared to Rs 2.29 in Q4 FY24. Revenue declined YoY due to lower execution or billing, while PAT and EPS were also lower YoY. Rail Vikas Nigam Limited is an Indian central Public Sector Undertaking which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. It was established in 2003 to manage the execution of railway infrastructure projects. RVNL is a Navratna PSU and is responsible for implementing projects like doubling of lines, gauge conversion, new lines, railway electrification, bridges, and workshops.
Mint
21-05-2025
- Business
- Mint
RVNL Q4 Results: Navratna PSU's net profit down 4% YoY to ₹459 crore, final dividend of ₹1.72/share declared
RVNL Q4 Results: Rail Vikas Nigam Limited (RVNL) announced its January to March quarter results for the financial year ended 2024-25 on Wednesday, 21 May 2025. The Navratna PSU giant witnessed a 4 per cent fall in their fourth quarter net profits to ₹ 459 crore, compared year-on-year (YoY) with ₹ 478 crore in the same quarter a year ago. The company's revenue from core operations dropped 4.2 per cent to ₹ 6,427 crore in the fourth quarter of the 2024-25 fiscal, compared to ₹ 6,714 crore in the same period a year ago. RVNL's total expenses for the quarter also dropped 4.5 per cent to ₹ 6,120 crore, primarily due to the reduction in the firm's expenses from operations, compared year-on-year with ₹ 6,714 crore in the same period a year ago. The Railway construction and development company's board of directors approved on Wednesday, 21 May 2025, that RVNL will pay its shareholders a final dividend of ₹ 1.72 per share with a face value of ₹ 10 apiece for the 2024-25 fiscal year. This means that every eligible shareholder will receive a dividend payment of ₹ 1.72 per share for every share they already own of the PSU giant. The Board 'Recommended Final Dividend of Rs. 1.72/- per share (i.e. 17.20%) on the paid-up equity share of face value of Rs. 10/- each of the Company for the financial year 2024-25 subject to approval of the Shareholders at the ensuing Annual General Meeting (AGM),' said the PSU giant in the NSE filing. According to the filing data, the company will pay the final dividend within 30 days from the date of its declaration at the first Annual General Meeting (AGM). RVNL shares closed 0.70 per cent lower at ₹ 412.10 after Wednesday's stock market session, compared to ₹ 415 at the previous stock market session. The company announced the fourth quarter results and the final dividend issue after stock market operating hours on 21 May 2025. RVNL shares have given stock market investors more than 2,300 per cent returns on their investments in the last five years and 20.83 per cent in the last one-year period. On a year-to-date (YTD) basis, the shares have lost 3.54 per cent in 2025. however the stock is trading 9.59 per cent higher in the last five stock market sessions. The shares hit their 52-week high level at ₹ 647 on 15 July 2024, while the 52-week low level was at ₹ 295.25 on 7 April 2025, according to the data collected from BSE. The company's market capitalisation was at ₹ 85,923.68 crore as of the market close on 21 May 2025.
