Rail Vikas Nigam Limited (RVNL) has announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The company’s net profit after tax for the quarter stood at ₹196.11 crore. A limited review report by Gandhi Minocha & Co., Chartered Accountants, accompanies the financial results. The Board of Directors approved these results on November 11, 2025.
Financial Performance Highlights
RVNL’s unaudited standalone financial results for Q2 2026 reveal the following:
- Revenue from Operations: ₹4,934.59 crore for the quarter.
- Net Profit After Tax: ₹196.11 crore for the quarter.
Earnings per share (EPS) stood at ₹0.94 (basic and diluted).
Emphasis on Matters
The auditor’s report highlights specific matters:
- Krishnapatnam Railway Company Limited (KRCL): An amount of ₹1190.73 crore is recoverable from KRCL, including ₹889.95 crore on account of interest charged. KRCL has not made payments as per the terms of the agreement.
- Departmental Charges: A representation has been made by KRCL for a waiver of departmental charges. The claim for departmental charges at 5% of the completion cost has not been raised on KRCL, pending a decision by the Board of Directors.
Consolidated Financial Results
RVNL also released consolidated unaudited financial results which includes performance of its subsidiaries and joint ventures:
- Revenue from Operations: ₹5,122.98 crore
- Net Profit After Tax: ₹230.52 crore
The consolidated results include the interim financial results of 10 subsidiaries. The group’s share of net profit after tax is ₹24.03 crore and total comprehensive income is also ₹24.03 crore.
Key Subsidiaries and Joint Ventures
The announcement includes a list of key subsidiaries and joint ventures, including HSRC Infra Services Limited, Masakani Paradeep Road Vikas Limited, RVNL Infra South Africa, and several others.
Source: BSE
