Rail Vikas Nigam Limited (RVNL) announced its unaudited financial results for Q2 2026, reporting a total income of ₹5,137.79 crore. The company has also established a new subsidiary, Sabbavaram Sheelanagar Road Development Limited. RVNL’s Board of Directors approved the financial results on November 11, 2025.
Financial Performance
RVNL’s unaudited standalone financial results for the quarter ended September 30, 2025 (Q2 2026), reveal a total income of ₹5,137.79 crore and a net profit after tax of ₹196.11 crore. The total expenses for the quarter amounted to ₹4,832.00 crore.
Key financial figures from the report include:
- Revenue from Operations: ₹4,934.59 crore
- Other Income: ₹203.20 crore
- Profit Before Tax: ₹305.79 crore
- Tax Expense: ₹109.68 crore
Expansion and New Subsidiary
RVNL has expanded its operations by establishing a new wholly-owned subsidiary, named Sabbavaram Sheelanagar Road Development Limited, in Andhra Pradesh. The subsidiary was formed on May 15, 2025, with an issued share capital of ₹100,000.
Auditor’s Emphasis of Matters
The auditor’s report highlights specific matters, including amounts recoverable from Krishnapatnam Railway Company Limited (KRCL), totaling ₹1190.73 Crores, which includes ₹889.95 Crores on account of interest charged. This is due to KRCL not making payments as per the agreed terms. Additionally, a request by KRCL for a waiver of departmental charges is pending a decision by RVNL’s Board.
Consolidated Financial Highlights
RVNL’s consolidated results for Q2 2026 reflect a total income of ₹5,333.36 crore and a net profit after tax of ₹230.52 crore. The auditor’s report also notes qualifications regarding unaudited financial statements of certain subsidiaries and joint ventures.
Key highlights from the consolidated results:
- Revenue from Operations: ₹5,122.98 crore
- Other Income: ₹210.38 crore
- Profit Before Tax: ₹342.39 crore
Source: BSE
