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.
- Rail Vikas Nigam Ltd reported Total revenue for Q4 FY23 of ₹5,720 Crore, down from ₹6,438 Crore year on year depicting a decline of 11%.
- Total Expenses for Q4 FY23 of ₹5,345 Crore up, from ₹6,029 Crore year on year, a growth of 11%.
- Consolidated Net Profit of ₹359 Crore, down 5% from ₹378 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹1.72, down 5% from ₹1.81 in the same quarter of the previous year.