Rail Vikas Nigam Ltd (RVNL) reported an 18.5% year-on-year increase in consolidated profit after tax attributable to equity holders of the parent at ₹159.36 crore for the quarter ended June 30, 2026, compared with ₹134.53 crore in the corresponding quarter last year.
Revenue from operations rose 10.5% year-on-year to ₹4,321 crore from ₹3,909 crore. EBITDA increased sharply to ₹185.4 crore from ₹56 crore, while the EBITDA margin expanded to 4.3% from 1.43% a year earlier.
Total income stood at ₹4,462.29 crore, compared with ₹4,136.96 crore in the year-ago quarter, while total expenses increased to ₹4,244.91 crore from ₹3,972.92 crore.
Sequentially, however, RVNL’s performance weakened. Profit after tax attributable to equity holders declined 14.8% from ₹187.07 crore in the March quarter, while revenue from operations fell 35.5% from ₹6,695.91 crore. Total income declined 34.2% sequentially from ₹6,780.89 crore.
The June quarter results come shortly after RVNL emerged as the lowest bidder for a ₹358.97 crore engineering, procurement and construction contract from East Central Railway for rail doubling works in Bihar.
The project covers the 41.04-km Kundawa Chainpur (excluding) to Raxaul (excluding) section under the Sitamarhi-Raxaul rail line doubling project in the Samastipur Division. The scope includes earthwork, blanketing, construction of major and minor bridges, station and other buildings, platform works, level crossings and other associated works.
RVNL’s order book stood at ₹99,262 crore as of August 1, 2026. The company reported a turnover of ₹20,012.26 crore in FY2025-26 and said it has commissioned more than 158 projects to date. It operates through 27 project implementation units across 23 locations in India and overseas.
RVNL shares closed at ₹229.23 on Tuesday, down 0.63%. The stock has declined 35.62% so far this year and 32.85% over the past year, while it has gained 82.39% over the past three years.
