Rail Vikas Nigam Ltd was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway.
Financial Results:
Rail Vikas Nigam Ltd reported Revenues for Q1FY24 of ₹5,572.00 Crores up from ₹4,641.00 Crore year on year, a rise of 20.06%.
Total Expenses for Q1FY24 of ₹5,374.00 Crores up from ₹4,523.00 Crores year on year, a rise of 18.81%.
Consolidated Net Profit of ₹343.00 Crores up 15.1% from ₹298.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.65, up 15.38% from ₹1.43 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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