Revenue from operations decreased 6.44% year on year (YoY) to Rs 4,689.33 crore in the third quarter of FY24.
Profit before tax stood at Rs 462.55 crore in December 2023 quarter, up 3.28% from Rs 447.86 crore posted in Q3 FY23.
On nine-month basis, the company’s consolidated net profit rose 3.24% to Rs 1,095.73 crore on 4.21% increase in revenue from operations to Rs 15,175.22 crore in 9M FY24 over 9M FY23.
Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.