The mission entails the design, provide, erection, testing, and commissioning of a 2X25 KV overhead electrification (OHE) and energy provide set up (PSI) system, together with electrical normal providers, engineering, and telecommunication works.
The contract covers the Rayadurga-Topavagada part of the TK-RDG railway line and is predicted to be accomplished inside 18 months.
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In February, RVNL secured a Rs 135.66-crore contract from Central Railway for the design, provide, erection, testing, and commissioning of 132/55 KV traction substations, sectioning posts (SPs), and sub-sectioning posts (SSPs) within the Bhusaval-Khandwa part. The EPC-mode mission goals to reinforce railway freight capability and is predicted to be accomplished inside 24 months.
RVNL Q3 earnings
RVNL reported a 13.1% year-on-year (YoY) dip in internet revenue at Rs 311.6 crore for the third quarter that ended December 31, 2024. In the identical interval in FY24, the corporate noticed a internet revenue of Rs 358.6 crore.The railway PSU posted income from operations at Rs 4567 crore, a 2.6% YoY decline from Rs 4689 crore reported in Q3 FY24.On the working degree, EBITDA (earnings earlier than curiosity, tax, depreciation, and amortisation) was down 3.9% YoY to Rs 239.4 crore in Q3FY25 over Rs 249 crore. The EBITDA margin was largely flat at 5.2% in comparison with 5.3% within the corresponding interval within the earlier fiscal.
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RVNL shares goal worth
As per Trendlyne information, the typical goal worth of the inventory is Rs 357, which signifies an upside of two% from the present market costs. The consensus advice from 2 analysts for the inventory is a ‘Promote’.
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RVNL shares efficiency
On Thursday, RVNL shares closed at Rs 350.4, down 3.5% on the BSE. The inventory has declined 39% over the previous six months however gained 472% within the final two years. The corporate’s market capitalization stands at Rs 73,069 crore.
(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t symbolize the views of the Financial Instances)
