RVNL Q3 Results: Profit Rises 4% YoY to Rs 324 Crore; Company Declares Rs 1 Dividend
Rail Vikas Nigam Ltd (RVNL) has announced its quarterly earnings, showcasing a modest profit increase alongside sustained challenges in margin expansion. The company declared an interim dividend of Rs 1 per share for the financial year 2025–26, with February 11 set as the record date for shareholders.
Key Financial Highlights of RVNL Q3 Results
– Net Profit: RVNL reported a net profit of Rs 324 crore in Q3FY26, a 4% increase compared to Rs 312 crore from the same quarter last year.
– Revenue from Operations: Revenue climbed 3% year-on-year (YoY) to Rs 4,684 crore, up from Rs 4,567 crore in Q3FY25.
– Total Income: Including other income of Rs 252 crore, total income for the quarter stood at Rs 4,936 crore, surpassing Rs 4,836 crore a year ago.
– Expenses: Total expenses increased to Rs 4,577 crore, up from Rs 4,480 crore in the previous year, indicating that expenses are rising faster than revenue.
– Operating Expenses: These rose to Rs 4,354 crore from Rs 4,219 crore, reflecting higher project execution costs.
– Profit Before Tax: The profit before tax for the quarter was Rs 415 crore, slightly higher than Rs 413 crore in the corresponding quarter last year.
Performance Overview
Despite a backdrop of rising expenses, RVNL demonstrated resilience with its Q3 financial performance. The growth in net profit, though modest, highlights the company’s ability to navigate cost pressures effectively.
Nine-Month Performance
For the nine months ending December, RVNL’s net profit was Rs 689 crore, which is down from Rs 822 crore recorded in the same period last year. However, revenue from operations increased to Rs 13,716 crore, an improvement from Rs 13,496 crore in the previous year.
Dividend Announcement
The declared interim dividend of Rs 1 per share reflects a 10% return based on paid-up equity share capital. Shareholders will be eligible for this dividend if they are on record by February 11, with payments expected to be processed by March 6.
In conclusion, RVNL’s Q3 results demonstrate stable profit growth amid challenging economic conditions. The company’s determination to maintain shareholder returns through dividends signals a commitment to rewarding its investors, despite encountering rising operational costs.