Business Standard

RVNL Q1 results: Net profit falls 35% to Rs 224 cr on reduced income

The company's total income decreased to Rs 4,336.75 crore from Rs 5,853.18 crore in the year-ago quarter

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It had reported a net profit of Rs 343.09 crore during the April-June period of the preceding 2023-24 year.

Press Trust of India New Delhi

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State-owned Rail Vikas Nigam Ltd (RVNL) on Thursday posted around 35 per cent fall in consolidated net profit to Rs 223.92 crore during the June quarter of FY25, mainly on account of reduced income.

It had reported a net profit of Rs 343.09 crore during the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing.

The company's total income decreased to Rs 4,336.75 crore from Rs 5,853.18 crore in the year-ago quarter.

RVNL, under the Ministry of Railways, is involved in project development, financing and implementation of projects related to rail infrastructure.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 08 2024 | 4:19 PM IST

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