Earnings Review
Rail Vikas PAT, revenue down on yr for 4th straight quarter
This story was originally published at 18:59 IST on 21 May 2025
Register to read our real-time news.Informist, Wednesday, May 21, 2025
Please click here to read all liners published on this story
--Rail Vikas Jan-Mar net profit INR 3.73 bln vs INR 4.33 bln year ago
--Rail Vikas Jan-Mar revenue INR 63.45 bln vs INR 67.01 bln year ago
--Rail Vikas to pay INR 1.72 per share final dividend
--Rail Vikas FY25 net profit INR 11.89 bln vs INR 14.63 bln year ago
--Rail Vikas FY25 revenue INR 198.69 bln vs INR 217.33 bln year ago
By Shakshi Jain and Akash Mandal
MUMBAI – Rail Vikas Nigam Ltd. Wednesday reported a double-digit decline in its net profit for the March quarter, driven by a fall in its revenue. This marks the fourth consecutive quarter of year-on-year decline in net profits and revenue for the state-owned company.
The railway infrastructure company reported a net profit of INR 3.73 billion for Jan-Mar, down nearly 14% on year. Sequentially, the company's bottom line rose 27%. The revenue fell over 5% on year but rose more than 38% sequentially to INR 63.45 billion.
The company's total expenses for the March quarter were INR 60.81 billion on year, down 5% on year but up nearly 36% sequentially. The expenses on operations, which account for more than 96% of total expenses, fell nearly 5% on year to INR 58.58 billion. Finance costs for the quarter fell over 22% on year to INR 1.17 billion. The company's tax outgo for the quarter fell nearly 43% on year to INR 839 million.
For the full year ended March, the company's net profit fell nearly 19% on year to INR 11.89 billion. The revenue in FY25 fell almost 9% on year to INR 198.69 billion. The company announced a final dividend of INR 1.72 per share.
The company said the total pending amount receivable from its joint venture Krishnapatnam Railway Co. Ltd. was INR 13.56 billion as on Mar. 31, including an interest of INR 8.90 billion due to delayed payment. Krishnapatnam Railway is a joint venture between Rail Vikas Nigam, Sagarmala Development Co. Ltd., National Mineral Development Corp. Ltd., Government of Andhra Pradesh, Krishnapatnam Port Co. Ltd., and Bramhani Industries Ltd.
Wednesday, shares of the company closed at INR 412.05 on the National Stock Exchange, down 0.7%. The company announced the results after market hours. End
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
