Shares of Rail Vikas Nigam Ltd (RVNL) are buying and selling flat after touching a day’s excessive of Rs 317.90 on twenty fourth November, at the same time as the corporate introduced that it has emerged because the lowest bidder (L1) for a Northern Railway undertaking involving the design, provide, erection, testing and commissioning of overhead tools (OHE) modification and feeder wire work for a 2×25 kV traction system.
The undertaking goals to improve the capability of the UTR-MWP part, protecting 184 RKM/368 TKM within the Lucknow division of the NE Railway. It will likely be carried out within the regular course of enterprise. Completion is anticipated in 24 months.
The contract is valued at Rs 180.77 crore, together with taxes, and doesn’t contain any promoter curiosity or related-party transactions.
RVNL Second Quarter Outcomes
Rail Vikas Nigam reported a 19.7% year-over-year drop in web revenue for the September quarter. It got here in at Rs 230.3 crore in comparison with Rs 286.9 crore final 12 months. Income from operations rose 5.5% to Rs 5,123 crore from Rs 4,855 crore a 12 months in the past.
Nonetheless, working efficiency weakened. EBITDA fell 20.3% to Rs 216.9 crore from Rs 272 crore. Moreover, the EBITDA margin contracted to 4.2% from 5.6% a 12 months earlier. This highlights larger prices and decrease profitability regardless of rising income.
Nonetheless, profitability improved sharply from the earlier quarter ended June 2025. The EBITDA margin was simply 1.4% and income was decrease then.
At 12:23 PM, shares of RVNL have been buying and selling 0.18% larger at Rs 314.55 on NSE.
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