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RVNL Q2 PAT rises 8% YoY to Rs 249 cr

14-Nov-2026 | 16:48
Rail Vikas Nigam (RVNL) reported an 8.3% increase in consolidated net profit to Rs 249.46 crore despite an 8.24% decline in revenue from operations to Rs 4,700.96 crore in Q2 FY27 over Q2 FY26.

Profit before tax (PBT) declined 4.95% to Rs 325.45 crore in Q2 FY27 from Rs 342.39 crore in Q2 FY26.

Total expenses decreased 9.46% to Rs 4,540.86 crore in Q2 FY27 compared with Rs 5,015 crore in Q2 FY26. Operation expenses stood at Rs 4,188.38 crore, down 12.33% YoY, while employee benefits expenses declined 1.35% to Rs 51.89 crore and finance costs fell 10.14% to Rs 93.45 crore during the period under review.

Meanwhile, the company's board approved the issuance of an unconditional and irrevocable corporate guarantee of up to Rs 375 crore in favour of Export-Import Bank of India in connection with a proposed Rs 1,500 crore term loan facility to be availed by Kinet Railway Solutions, a joint venture of RVNL. RVNL holds a 25% stake in the joint venture.

RVNL, a Government of India enterprise, is engaged in implementing rail infrastructure projects across the country.

Shares of Rail Vikas Nigam declined 2.90% to settle at Rs 199.45 on Friday, 13 November 2026.

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