RVNL Q1 Results: Profit Declines 40%
Rail Vikas Nigam's revenue fell 4.1% to Rs 3,909 crore.
Rail Vikas Nigam Ltd.'s net profit declined 40% during the quarter ended June 30, according to the financial results declared by the public sector firm on Tuesday.
The company's bottom line fell to Rs 135 crore during the April-June period, compared to Rs 224 crore in the same period last year.
RVNL Q1FY26 Highlights (Consolidated YoY)
Revenue down 4.1% to Rs 3,909 crore versus Rs 4,074 crore.
Margin at 1.4% versus 4.5%.
Ebitda down 70.9% at Rs 52.9 crore versus Rs 182 crore.
Net profit down 39.9% at Rs 135 crore versus Rs 224 crore.
Shares of RVNL closed 3.81% lower at Rs 329.45 apiece on the NSE, compared to a 0.4% fall in the benchmark Nifty. The stock has fallen 42.79% in the last 12 months and 22.06% on a year-to-date basis.
Out of three analysts tracking the company, one has a 'buy' rating and two gave 'sell', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential downside of 33.8%.
