RVNL Q1 Profit Falls 40% as Revenue and Other Income Slip
Governance risks are rising over a Rs 1,275 crore KRCL receivable dispute.
Overview
- Rail Vikas Nigam reported consolidated net profit of Rs 134.36 crore for the quarter ended June 30, 2025, down 40% year-on-year.
- Revenue from operations dipped 4% to Rs 3,908.77 crore and other income fell to Rs 228.19 crore, pulling total income to Rs 4,136.96 crore.
- Total expenses eased slightly to Rs 3,972.92 crore, helping to partially offset the drop in income.
- Share of profit from joint ventures rose to Rs 9.37 crore from Rs 1.36 crore and the company launched a wholly owned Andhra Pradesh subsidiary.
- A Rs 1,275.25 crore receivable from KRCL, including Rs 889.95 crore in disputed interest, awaits board decision as KRCL contests the interest calculation and seeks a waiver of 5% departmental charges.