RVNL Q2 Profit Declines to Rs 230 Cr
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RVNL reports a 20% fall in Q2 net profit to Rs 230.52 crore due to higher expenses. Total income rose to Rs 5,333.36 crore.
New Delhi, Nov 11 (PTI) State-owned RVNL on Tuesday posted around 20 per cent fall in consolidated net profit to Rs 230.52 crore in the September quarter, impacted by higher expenses.
It had clocked a net profit of Rs 286.90 crore in the year-ago period, the company said in an exchange filing.
The company's total income rose to Rs 5,333.36 crore from Rs 5,136.07 crore during July-September FY25.
RVNL's expenses surged to Rs 5,015 crore from Rs 4,731.52 crore a year ago.
RVNL, under the Ministry of Railways, is involved in project development, financing and implementation of projects related to rail infrastructure.
It had clocked a net profit of Rs 286.90 crore in the year-ago period, the company said in an exchange filing.
The company's total income rose to Rs 5,333.36 crore from Rs 5,136.07 crore during July-September FY25.
RVNL's expenses surged to Rs 5,015 crore from Rs 4,731.52 crore a year ago.
RVNL, under the Ministry of Railways, is involved in project development, financing and implementation of projects related to rail infrastructure.
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