Rail Vikas Nigam Ltd Reports Unaudited Financial Results for Quarter Ended June 30, 2026
Rail Vikas Nigam Limited (RVNL) has announced its unaudited financial results for the quarter ended June 30, 2026, which were reviewed by independent auditors. The company released both standalone and consolidated financial statements detailing operations across various segments.Standalone Financial Performance
The Unaudited Statement of Standalone Financial Results provided significant details regarding RVNL's operations. For the quarter ending June 30, 2026, key financial metrics included:- Total Income: Rs 4,455.25 crore
- Total Expenses: Rs 4,238.39 crore
- Net Profit after tax: Rs 155.62 crore
- Total Comprehensive Income: Rs 156.09 crore
The company's financial performance across the reported periods is summarized below:
| Particulars | Q ended 30.06.2026 (Rs in crore) | Q ended 31.03.2026 (Rs in crore) | Q ended 30.06.2025 (Rs in crore) | Y ended 31.03.2026 (Rs in crore) |
|---|---|---|---|---|
| Total Income | 4,455.25 | 6,815.85 | 4,126.61 | 20,818.75 |
| Total Expenses | 4,238.39 | 6,534.72 | 3,963.42 | 19,716.48 |
| Net Profit after tax | 155.62 | 212.27 | 127.85 | 800.48 |
| Total Comprehensive Income | 156.09 | 219.63 | 127.31 | 806.23 |
Consolidated Financial Results Overview
The consolidated unaudited results also reflect the performance of RVNL and its subsidiaries and associates for the quarter ending June 30, 2026. Key aggregated financial figures are as follows:- Total Income: Rs 4,462.29 crore
- Total Expenses: Rs 4,244.91 crore
- Net Profit after tax: Rs 159.52 crore
- Total Comprehensive Income: Rs 154.45 crore
The consolidated results across the relevant periods are presented in the following table:
| Particulars | Q ended 30.06.2026 (Rs in crore) | Q ended 31.03.2026 (Rs in crore) | Q ended 30.06.2025 (Rs in crore) | Y ended 31.03.2026 (Rs in crore) |
|---|---|---|---|---|
| Total Income | 4,462.29 | 6,780.89 | 4,136.96 | 21,187.35 |
| Total Expenses | 4,244.91 | 6,534.62 | 3,972.92 | 20,099.99 |
| Net Profit after tax | 159.52 | 181.66 | 134.36 | 870.66 |
| Total Comprehensive Income | 154.45 | 192.78 | 133.80 | 870.50 |
Operational and Financial Notes
The independent auditor's review report highlighted several matters concerning project execution and operational status:- Joint Venture Receivable: A notable point in both the standalone and consolidated reviews concerns a joint venture company, Krishnapatnam Railway Company Limited (KRCL). RVNL has incurred project expenditure, resulting in an amount receivable from KRCL totaling Rs 1,091.91 crore as of June 30, 2026. This amount includes Rs 889.95 crore on account of interest on delayed payment.
- Interest Calculation: The company noted that the application of interest has been changed from compound to simple effective October 1, 2024, while KRCL requested the application of simple interest effective April 1, 2020. This specific matter regarding pre-September 30, 2024 interest applicability is still under discussion with KRCL management.
- Subsidiary and JV Status: The consolidated results included information from nine subsidiaries and eight joint ventures whose interim financial results were not independently audited. Additionally, the company disclosed that one subsidiary (deregistered on June 30, 2026) and four joint ventures (including one currently in the process of closure) could not be considered for consolidation due to non-availability of financial data, but management stated this had no material impact on the Group.
- Deregistration: The holding company confirmed that it has deregistered its wholly owned subsidiary, RVNL Infra South Africa, with effect from June 30, 2026.
RVNL Stock Price Movement
Today, shares of Rail Vikas Nigam Limited shed 0.25%, settling at ₹230.10 after post-market trading. The stock saw considerable activity in the session, with a reported volume of 3.48 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: