RVNL
RVNL posts strong Q1 numbers, but shares fall sharply
Mumbai/IBNS: Shares of Rail Vikas Nigam Limited (RVNL) declined on Thursday despite the company reporting a sharp rise in consolidated net profit for the first quarter of FY2027, media reports said.
The RVNL stock was trading at around ₹229.47 per share during the opening hours of trade.
Net profit rises 18.7%
RVNL reported a consolidated net profit of ₹159.52 crore for the June quarter (Q1 FY27), up 18.7 per cent from ₹134.36 crore in the corresponding quarter of the previous fiscal.
Revenue grows 10.6%
The company's revenue from operations increased 10.6 per cent year-on-year to ₹4,321.23 crore, compared with ₹3,908.77 crore in Q1 FY26.
RVNL's total income stood at ₹4,462.29 crore during the quarter.
Profit before tax, EPS improve
The company's profit before tax rose to ₹223.54 crore in Q1 FY27 from ₹173.41 crore a year earlier.
Its earnings per share (EPS) also increased to ₹0.76, compared with ₹0.65 in the year-ago quarter.
EBITDA more than doubles
RVNL's EBITDA more than doubled year-on-year to around ₹185 crore, indicating an improvement in operating profitability during the quarter.
Despite the stronger financial performance, RVNL shares remained under pressure during early trading on Thursday.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
