RVNL Q3 results, net profit falls 13% at Rs 311.6 crore, revenue slips 3%
In the corresponding period of FY24, the company saw a net profit of Rs 358.6 crore. Revenue fell 2.6% to Rs 4,567.4 crore against Rs 4,689.3 crore in the year-ago period.
RVNL Q3 results, net profit falls 13 at Rs 311.6 crore, revenue slips 3
Railway sector PSU, Rail Vikas Nigam Ltd reported a 13.1% year-on-year (YoY) decline in the net profit at Rs 311.6 crore for the third quarter that ended December 31, 2024.
In the corresponding period of FY24, the company saw a net profit of Rs 358.6 crore. Revenue fell 2.6% to Rs 4,567.4 crore against Rs 4,689.3 crore in the year-ago period.
At the operating level, EBITDA (earnings before interest, tax, depreciation, and amortization) 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% compared to 5.3% in the corresponding period in the previous fiscal.
Shares of Rail Vikas Nigam Ltd ended at Rs 360, down by Rs 18.95, or 5%, on the BSE.
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